Ltc_rising
LTC Forming a Flag PatternLTC has had an incredible run the last two days and I am really tempted to buy more but I have decided to be patient. It is possible LTC could breakout above the upper trendline and continue higher, but I am going to wait to see if LTC will pullback and possibly re-test support in the $135 area. If it does I will be ready to buy, I believe it is worth the risk that LTC will breakout higher for the chance to buy more well below where it is now.
My View of LTCThis is my view of Litecoin. From what I see it has been for the most part trading in an upward channel, I could see this continuing over the next couple of months,
giving traders buying opportunities near the lower trend line and selling opportunities near the upper trend line. I have not really been trading Litecoin, I am in it more for the long-term (min. 1 to 2 years) so
I mostly just buy on any dips, I did, however, sell a large portion of my position when LTC spiked up over $90 and have been rebuilding my position ever since.
LTC and the free transactionsLTC has been following BTC trends recently... But i sense a change in the force is coming.
This may bounce since we are in deeply oversold territory,
All below 49 is fine in my opinion, Primary target 56, after that we go back to testing all time high in my opinion.
LTC has a bright future ahead, if you want me to chart it more write in the comments.
Be safe