Nice rebound from Pitchfork support not only leaves another higher low, but also suggests the selling may have run out of steam. The 10-DMA is sloping upwards as well. I expect LTC/USD to revisit $50.00 levels.
Keep tight stops below $42.00
The trendline support has come to the rescue… A solid rebound if followed by an end of the day close above 10-DMA would signal a bottom has been made… Dash could then proceed to revisit the recent highs around $240.
Sellers could come-in below the trendline support.