LTCUSD is moving towards the support line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If LTCUSD continues in its current trajectory, we can expect it to reach 70.9500 within the next 3 days.
Important support line being approached by LTCUSD. This price has been tested numerous time in the last 15 days
