Technical Analysis – LTCUSD still in a bearish hangover; crosses under 200-day SMA

LTCUSD (Litecoin) turned on a slippery road after hitting a one-year high of 143.61 in June, with the price crossing below the Ichimoku cloud, and recently under the 200-day simple moving average (SMA). The bearish cross of the 20- and the 50-day SMAs is more evidence that the downward pattern may stay in place for […]