Litecoin has a low and descending RSI & MACD (although the RSI seems it wants to start going up again)
It was "bouncing" between the two Yellow lines 191 $ and 160 $. With a potential rising support.
The possibilities:
- LTC follows the purple prediction and kicks off at the Blue dotted line (other "Support")
- LTC fails to follow the predicited path and continues its fall by breaking the dotted line that served as "weaker rising support". After that it could kick off at a random point depending on the RSI & MACD (Green)
- LTC continues to fall and kicks off at the stronger support (Bottom Yellow line)
- LTC fails to kick off at the stronger support and continues falling by breaking that support
It was "bouncing" between the two Yellow lines 191 $ and 160 $. With a potential rising support.
The possibilities:
- LTC follows the purple prediction and kicks off at the Blue dotted line (other "Support")
- LTC fails to follow the predicited path and continues its fall by breaking the dotted line that served as "weaker rising support". After that it could kick off at a random point depending on the RSI & MACD (Green)
- LTC continues to fall and kicks off at the stronger support (Bottom Yellow line)
- LTC fails to kick off at the stronger support and continues falling by breaking that support