Litecoin / Dollar may fall to 62.7 - 63.7

Our pivot point is at 66.9.

Our preference

The downside prevails as long as 66.9 is resistance.

Alternative scenario

Above 66.9, look for 68.5 and 69.4.

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 66.2 and 66.7).

Supports and resistances

69.4 **

68.5 *

66.9 **

66.3

65.7 last

63.7

62.7 **

61.8 *

60.9 **

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