Litecoin - Bullish/Bearish Scenarios

Litecoin couldn't hold above the 60 resistance and currently is around 52. We are watching a bollinger band squeeze for some time now, and stochastic is pointing upwards, so if a break above 60 resistance occurs, we will follow a bullish scenario targeting 69.50. On the otherhand, if we see a break below strong 47 support, we will follow a bearish scenario, targeting 33.50, the long term support level.
Chart PatternscryptoCryptocurrencyTechnical IndicatorsLitecoin (Cryptocurrency)LTCLTCUSDTrend Analysis

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