Litecoin Presses Lower

29 Eyl 2021

Litecoin keeps pressing lower, solidly breaking $147, and finding support at $141. We are seeing some green triangles on the KRI here, indicating that we are seeing support, but we keep seeing lower highs, suggesting we are forming a bear consolidation pattern. If we break down, we should find support at $134, which will take us deeper into the $100 handle. If we are able to clear the $140's, then there is a vacuum zone back to $158.