Litecoin / Dollar may fall to 68.0 - 68.8

Our pivot point stands at 71.8.

Our preference

The downside prevails as long as 71.8 is resistance.

Alternative scenario

Above 71.8, look for 73.1 and 73.9.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 72.4 and 71.4).

Supports and resistances

73.9 **

73.1 *

71.8 **

71.3

70.7 last

68.8

68.0 **

67.2 *

66.4 **

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