I think BTC will decide where LTC will go at this point, but the bearish divergence is quite apparent nonetheless (not only on RSI, but other indicators as well).
If BTC decides to sink, LTC will sink with it. And if it sinks so much that it breaches the 50 EMA "support", it may go down quite a bit more.
If BTC breaches and closes above 12k with confidence, consider this idea invalid.
If BTC decides to sink, LTC will sink with it. And if it sinks so much that it breaches the 50 EMA "support", it may go down quite a bit more.
If BTC breaches and closes above 12k with confidence, consider this idea invalid.