Litecoin / Dollar may fall to 67.3 - 68.1

71.8 is our pivot point.

Our preference

The downside prevails as long as 71.8 is resistance.

Alternative scenario

Above 71.8, look for 73.2 and 74.0.

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 70.6 and 71.3). Finally, the Litecoin / Dollar is trading below its lower Bollinger band (standing at 69.9).

Supports and resistances

74.0 **

73.2 *

71.8 **

71.3

69.7 last

68.1

67.3 **

66.6 *

65.8 **

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