nutrygina

LTC/BTC Analysis - Long Term (First Step)

Long
BITFINEX:LTCBTC   Litecoin / Bitcoin
Dear all,

It is my first published idea which will be dynamic and I am willing to keep all analyis in same chart. I hope you will benefit from my analysis.

Please feel free to comment on the analysis


Long Term quick snapshot: Currently LTCBTC is on the 25th April level and big support zone.

Long term ascending trendline indicates 0,0160 cannot be easily broken.

Long term descending trendline is well above the current price so that LTC has advantage to go up freely in long term

Regards,

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