Long

LTCUSD: Weekly uptrend in place

Updated
Litecoin has a very interesting signal in the weekly chart.
After faking a move to the downside and margin calling everyone and their mother down, it's highly likely that we see a strong uptrend emerge from this zone.

You can see my reccomended entries on chart.
As many know, I'm running a trading group, sharing signals for Bitcoin and Litecoin traders, mostly focusing on the futures over at okcoin.com, but also covering Bitfinex, Bitstamp, BTC-E and okcoin.cn spot trades. (mostly long term)
I'm running the group with my associate, a great intraday trader from China. We cover the Bitcoin and Litecoin markets 24/7/365 and have great accuracy and performance in our signals, as well as live screen sharing of intraday trading sessions.

We've recently shared a monthly entry to go long BTCCNY at 2310, which is paying off spectacularly so far.
Feel free to message if interested in the group, and remember to risk between 1 and 5% per trade.
This signal right here has great potential, so don't hesitate on taking it!

Good luck,
Ivan Labrie.
Trade active
Looks solid.
Note
Still under resistance, BTC's outperforming LTC for now, but above 3, we have good odds of continued rallying.
Note
No follow through for the uptrend yet. I'd reccomend backing out of it for the time being.
btceLitecoin (Cryptocurrency)LTCUSDtimeatmode

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