koryu
Long

ltc on the edge

BTCE:LTCBTC   Litecoin / Bitcoin
475 5 8
Another day in the boring life of ltc             ... ??
... nope next week could be interesting for ltc             .

it's trading at the medium and long term resistance. Could be a good entry for scalp or trend reversal with low risk.
Comment: chart for HUOBI:LTCCNY / HUOBI:BTCCNY also has break out:

snapshot


but there is no high volume yet
Trade closed manually: volume is not kicking in for now, back sideline
The truth: https://github.com/litecoin-project/litecoin
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yes, looks kinda dead but https://www.reddit.com/r/litecoin/comments/542znc/development_update_sep_23_2016/
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Zero code written for that, from the same developer that keeps spamming the Telegram groups about LTC. When asked about actual code for that, he just said something like "research comes first" and that they need more developers (to actually pursue this "plan" so it's announce first, develop later). Surely it feels like a long consolidation and I'm keeping an eye on it, but it seems they missed the altcoin pump train and will have a hard time coming back when there are many other alternatives.
+1 Reply
Too many bag holders here and only predictions with "long" scenario. In this case i dont think that ltc will do something interesting in 2016.
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Another day, but LTC fails as usual.
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