Litecoin / Dollar may fall to 60.7 - 61.6

Our pivot point stands at 64.7.

Our preference

Eye 60.7.

Alternative scenario

The upside breakout of 64.7, would call for 66.1 and 67.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (63.8) but above its 50 period moving average (63.4).

Supports and resistances

67.0 **

66.1 *

64.7 **

64.1

63.5 last

61.6

60.7 **

59.9 *

59.0 **

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