LTCBTC point of decision

LTCBTC is heading to a major support level. with a oversold rsi on the weekly we could see a bounce here. if 0.005850 wont hold i expect a big selloff. Looking to risk reward it might be a good long here with a stop under 0.00580. if it doesnt hold the support it will make 3 year lows.

Happy trading,

Foxtrading