LTC/USD chart - Trading View
Exchange - Coinbase
Support: 52.25 (Trendline); Resistance: 57.93 (21-EMA)
Technical Analysis: Bias Bearish
LTC/USD slumped lower on Tuesday's trade, to close 4.06% lower at 54.56.
The pair is currently consolidating previous session's losses, bias remains bearish.
Major trend in the pair is bearish. Recovery attempts have been capped below 21-EMA.
Technical indicators have turned bearish. Stochastics RSI shows a rollover from overbought levels.
RSI is below 50 and biased lower. Stochs are sharply bearish. MACD is in the negative territory supporting downside.
Price is on track to test support at 52.25 (rising trendline), break below will accentuate weakness.
Violation at trendline support will drag the pair lower. Next major support lies at 78.6% Fib at 48.67.
Near-term upside only above 21-EMA. Bearish invalidation only above 200-DMA (88.02).


FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Crypto levels and bias summary 



