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Litecoin Price Update

Following the LCC hark fork the other day, the bears took control of LTC at 252droppingitdowninWaveAto252 dropping it down in Wave A to191 over the past 3 days.

The MACD is below 0, a bearish trend. The Bulls in Wave B took control at 190andtheBearsretookcontrolat190 and the Bears retook control at222. Currently in a zig zag corrective pattern in the bottom of Wave C at $184.

The 1 hour chart for LTC below shows the precipitous drop:

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