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LTC/USD chart - Trading View
Exchange - Coinbase
Support: 84.09 (50% Fib); Resistance: 95.15 (20-DMA)
Technical Analysis: Bias Bearish
Litecoin trades with a strong bearish bias, remains capped below 20-DMA.
Technical indicators are turning bearish after brief consolidation.
Stochastics RSI is showing a rollover from overbought levels.
RSI is well below 50 mark. MACD and DMI support weakness. Major moving averages are biased lower.
200-DMA is major support at 77.82. Violation there could accentuate downside.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
