LTC trims early gains to retest 138.00, key support lines in focus

  • LTC/USD fails to keep the corrective recovery, attacks intraday low.
  • U-turn from 100-bar SMA, downbeat MACD favor sellers.
  • Short-term falling trend line adds to the upside filters.

LTC/USD fades the day-start bounce off 136.15 while stepping back from 139.75, currently around 137.53, during early Tuesday. The altcoin took a U-turn from 100-bar SMA while portraying its weakness the previous day. Also on the negative side could be the MACD histogram that flirts with…


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