s-h-o-c-k
Long

LTC might enter buy zone soon

BITSTAMP:LTCEUR   Litecoin / Euro
LTC is currently falling down from the bear flag and is heading towards strong support where it is looking to break up from the bullish falling wedge . RSI is heading towards oversold. A short reversal seems very likely, watch green box and RSI (red circle) very closely. This would be counter trend trading, be careful, we're still in a bear market, this is still a downtrend and the correction is far from over (I expect us to go towards 80 or lower depending on what BTC is doing)
Mar 18
Trade active: There is still room to fall some more, bear flag target is at 110. Be patient an wait for clear reversal signs. Break up from the falling wedge would be a safe entry.
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