The
LTCUSD
has entered below 20 MA (blue line) indicating bearish movement till support of two pink lines. MACD proves to be bearish as well. Once it reaches the pink support level, the price action can have two movements:
1) a little bull run and retracting to 200 MA (gold line) around $52. Then making a big bull run to $100 resistance
2) big bull run to $100 after testing the support level at the pink lines without retracting to 200 MA ($52).