The potential RSI Bearish Divergence Pattern is forming on the 1H timeframe. Prices make multiple higher highs but RSI on the other hand, makes multiple lower highs. It indicates that bulls has been losing momentum and LTC can prepare for a short-term trend change.
Interim support @ 27.39
Do no catch the falling knife until price hits that 1st support and wait for clear signal around that support level.
Interim support @ 27.39
Do no catch the falling knife until price hits that 1st support and wait for clear signal around that support level.