- Litecoin lost more than 6% late on Tuesday.
- LTC / USD found a strong 61.8% refusal of Fibonacci, after seeing a rebound from session lows.
- The bears will try to take a test for $ 30 on the downside.
Chart 60 minutes LTC / USD
Spot rate: 33.77
Relative change: -6.90%
High: 42.11
Low: 35.23
Trend: bearish
Support 1: 33.64, daily support of the articulation point.
Support 2: 31.00, daily support of the articulation point. .
Support 3: 26.76, daily support of the articulation point.
Resistance 1: 35.57, 61.8% of Fibonacci.
Resistance 2: 37.62, 50MA (60 minutes).
Resistance 3: 39.91, 100MA and 23.6% of Fibonacci.
Weekly chart LTC / USD
- The weekly chart shows that the price remains around the lowest levels since June 2017, a further expansion to the south could be very punshing.