LTC Daily
based on the daily chart we see that still we are in down trend.
we are close to the static support and if it breaks the 138 and close daily candle below this price, we might gonna see 115$ too.
Facts that we are down yet
RSI down trend is not broken yet.
down trend dynamic resistance it not broken yet.
yet we didn't see any reaction to static support.
probably it's gonna react to it's static support and goes up, but if BTCUSDT goes down, this might break the static support, better to have a look on BTC too.
this analysis might fail due to market fluctuations.
we are close to the static support and if it breaks the 138 and close daily candle below this price, we might gonna see 115$ too.
Facts that we are down yet
RSI down trend is not broken yet.
down trend dynamic resistance it not broken yet.
yet we didn't see any reaction to static support.
probably it's gonna react to it's static support and goes up, but if BTCUSDT goes down, this might break the static support, better to have a look on BTC too.
this analysis might fail due to market fluctuations.
Penafian
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