we wait and see which way it goes after it leaves the red zone

BITTREX:LTCBTC   Litecoin / Bitcoin
235 2
it looks 50%-60% bullish but i rather wait until it breaks out of that red zone to see if its to the upside or down.
Up we go...
@sifeij, i guess its to the upside, i personally would go long now with a stop at the bottom of the red support because i dont know if LTCBTC likes breaking out in the opposite direction to fake a breakout or not. sometimes securities like to break out in a direction and go to the opposite way to that. i dont know if ltcbtc does that or not as im not familiar with its characteristics
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