Litecoin Dumps Again!! 📉

Litecoin has dipped again, shattering support levels and landing at support from a double bottom at $156. At least, we hope this is a double bottom. It does look like this could be a bear wedge in the process of forming, in which case, look out below. We have a cluster of levels between current prices and $134, which seems to be an absolute lower bound for now. That would be a great place to buy back. The Kovach OBV has fairly resistant to the overall dip in LTC, but it has finally priced in the selloff. We are looking pretty bearish right now on all fronts.