Litecoin / Dollar may fall to 67.0 - 67.8

Our pivot point is at 70.6.

Our preference

The downside prevails as long as 70.6 is resistance.

Alternative scenario

Above 70.6, look for 72.0 and 72.8.

Comment

The RSI is below its neutrality area at 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 70.5 and 72).

Supports and resistances

72.8 **

72.0 *

70.6 **

70.1

69.6 last

67.8

67.0 **

66.2 *

65.4 **

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