Litecoin / Dollar may fall to 60.9 - 61.7

64.7 is our pivot point.

Our preference

As long as 64.7 is resistance expect 60.9.

Alternative scenario

Above 64.7, look for 66.2 and 67.1.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 63.5 and 63.5).

Supports and resistances

67.1 **

66.2 *

64.7 **

64.1

63.5 last

61.7

60.9 **

60.0 *

59.1 **

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