Litecoin / Dollar may fall to 63.0 - 63.6

Our pivot point is at 65.7.

Our preference

The downside prevails as long as 65.7 is resistance.

Alternative scenario

Above 65.7, look for 66.7 and 67.3.

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 65.1 and 65.5).

Supports and resistances

67.3 **

66.7 *

65.7 **

65.3

64.8 last

63.6

63.0 **

62.4 *

61.8 **

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