The weekly chart shows the triple rejection at the 200 week EMA resistance at around $98.2. In addition, the MACD histogram is now starting to tick bearishly lower this week. Furthermore, the MACD lines are bearishly crossed and there is also a death cross of the EMAs here, confirming the trend bearishly in the medium term as well.
LTC finds its next significant support at the golden ratio at $65. As long as LTC holds above that support, the bullish upward structure remains intact.
