Looks like a bull flag is being formed lets see if it comes to fruition!*** got out when i noticed a small upside cup on the 5m not a very strong indicator but was enough for me with low volume and sell vol > buy
Seems that an inverted cup and handle is forming so would be good short at the moment slight bear div with price and volume. Next major support is around 260 so that will be the target
the bear has been awoken by the ponzi buying that has occured. He will stop at nothing to stop the price, but we can defeat it. Sell now to distract the bear into a safety lull and then we strike!
this pattern is similar to last pump...so i expect a small drop to the 258 would be good entry for long as well but lokking for256. support is strong 250-255. first profit taking target 266 next 278
seems that moving between 228-250 is the cool thing to do. the green line is my resistance line. seems like we sideways until we reach the climactic point. My inclination during that point would be that we go down. Honestly just posting this chart cuz i need 3 more rep to post links lol so like and comment plox
I was bullish on ltc but with recent BTC-e FUD i prepare to sell quickly to pick up some on the 20 mark *edit* on news of btc-e news being fake my goal is still set to sell at21.769 before a come down 21.42 before the next rise if this trend continues #hashtag