550 important area for a bounce otherwise if broken will head more down before recovering. Didnt want to trade this without stronger signals but never the less went ahead with it.
I was just looking at btc/ltc ratio as many are wondering what will happen going forward in the weeks ahead. I just did a speculative chart to see how this plays out. However i do see this going up at some point, then down then up again.
Few lines to see which way the trend is going
We are at a decision point if we are to go up or down. We had an amazing run up with volume slowly decreasing and started to go sideways slowly going down.