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Litecoin / Bitcoin
Long

LTCBTC Incoming uptrend

By InvestAndMultiply
Updated
If LTC breaks the blue line (resistance line) and then the trend line which collides with fib level 38% we will have an uptrend on our hands :) There are still a few resistance lines it has to cross before clear skies. Those are the blue dotted lines. The current target is 0.01148876 which is the first resistance line it has to break.
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We broke trend and resistance line. LTC has now gone uptrend. Next target for resistance will be 0.01179861.
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We broke the new resistance line. Next target will be 50% fib lvl.
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We hit 50% fib level already. Next resistance at 0.01247972.
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We took a turn of events. LTC went the other way sadly.
snapshot

We are now back at our first resistance line which works now as our support.

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