LTCBTC: 4 Bearish MA Crosses, Target 0.0065.
As we can see, LTCBTC made 3 bearish MA Crosses with a more significant 4th one under way.
If Litecoin doesn't hold 0.0085-0.0087 range, and holding this is unlikely due to coming bitcoin correction, it will drop to 0.0065.
If 0.0065 doesn't hold, chances are LTCBTC will drop to 0.001-0.002 range, but we have to evaluate after 0.0065 is reached.
If LTC reaches 0.0065 and BTC corrects to +/- $8.5k, this would put LTC at $55, which is quite a good price.
If Litecoin doesn't hold 0.0085-0.0087 range, and holding this is unlikely due to coming bitcoin correction, it will drop to 0.0065.
If 0.0065 doesn't hold, chances are LTCBTC will drop to 0.001-0.002 range, but we have to evaluate after 0.0065 is reached.
If LTC reaches 0.0065 and BTC corrects to +/- $8.5k, this would put LTC at $55, which is quite a good price.
