Gl4diator

#litecoin - $100 remains level to break "3D"

BITSTAMP:LTCUSD   Litecoin
Litecoin is struggling to hold itself above a key support level around $90. LTC did not manage to hold the $100 mark, which has been tried and failed. If the 3D is going to close below this level tomorrow night, the picture is going to change to more bearish, possibly heading down to labeled supports. The Key-Leadline is broken and tested several times from below. Litecoin needs a serious push from wherever to save this, otherwise the Yearly Pivot seems out of reach for the near future.

Next support would be in the $70 area. Cloud is almost turning bearish, and Litecoin should not enter it.

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Warm regards,

Neru

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