Litecoin , possible sheltered spot for the next 2 weeks
Looks like Bitcoin has touched the bottom. However, a deeper fall is likely before the 1st of august, the Segwit day. Litecoin is one of the best currency barely affected by this bearish trend, so a rise fueled by Bitcoin holders might be an option.
![](https://steemitimages.com/DQmTWeodZLtxHyzmRMW1z9emRJLnF9ci5PeG3THBD9kTYb8/Capture%20de%20re%CC%81gion%205.png)
If it does not break the support (35$ ), it should go for a rise. If it reaches the rectangle, we have a good chance to get a new higher high. If it reverse before, we're back to the support. So, a broken support could mean a down trend.
Upward
![Capture de région 1.png](https://steemitimages.com/640x0/https://steemitimages.com/DQmeEcinu4kde3TbbbLy6UWueYxGj6fJPPRZPF8TNmBqMDZ/Capture%20de%20re%CC%81gion%201.png)
Missed the rectangle... so 2nd scenario ..