📉 $LTC · 1H
$LTC trades at $52.08, still on the weak side of its hourly averages. The $51.34 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. That is 9.5% to the ceiling and 1.4% to the floor. The 20 crossed below the 50 recently, for only 3 candles, so this leg is still young. RSI at 27 is deep in oversold territory. Over the past day it has traded between $51.34 and $56.73, sitting near the bottom of it now. The last 24 hours carried roughly 1.8x normal volume. Down 7.0% over 24 hours.
⚠️ DYOR
$LTC #Trading
$LTC trades at $52.08, still on the weak side of its hourly averages. The $51.34 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. That is 9.5% to the ceiling and 1.4% to the floor. The 20 crossed below the 50 recently, for only 3 candles, so this leg is still young. RSI at 27 is deep in oversold territory. Over the past day it has traded between $51.34 and $56.73, sitting near the bottom of it now. The last 24 hours carried roughly 1.8x normal volume. Down 7.0% over 24 hours.
⚠️ DYOR
$LTC #Trading
