PolarHusk

LTC/BTC TA Update (15% Drop More?)

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BITTREX:LTCBTC   Litecoin/Bitcoin
LTC/BTC

LTC broke weekly key support at 682500 sats area and already facing another deep dive into no support zone.
LTC could easily drop another 15% further since there is not enough historical data of trading history back in March 2017.
Weekly RSI is still inching closer to an oversold condition where potential relief bounce could happen. If this candle closes bearish,
it will only add downside momentum in the coming days or weeks. Bears have controlled this market.

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