Litecoin / Dollar may fall to 67.7 - 68.5

Our pivot point stands at 71.3.

Our preference

Eye 67.7.

Alternative scenario

The upside breakout of 71.3, would call for 72.7 and 73.5.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (70.3) but above its 50 period moving average (70.1).

Supports and resistances

73.5 **

72.7 *

71.3 **

70.8

70.1 last

68.5

67.7 **

66.9 *

66.1 **

Number of asterisks represents the strength of support and resistance levels.