Nom_de_Guerre

LTC - Rejoining the Uptrend

Long
Nom_de_Guerre Updated   
BITFINEX:LTCBTC   Litecoin / Bitcoin
After breaking a lifetime downtrend LTC needs to rejoin the original uptrend that got it up there - The weekly chart shows the blue dotted uptrend on a grand scale and the close up on the hourly chart shows the range to buy in should be around 0.0185 but the candles may hit the fib beneath in the 0.0173 area - I don't believe that LTC has broken a 3.5 year downtrend just to stop here, we should expect something around all time high against BTC
Comment:
Next Move
Comment:
Ltc running to plan - Re touched the uptrend after breaking the downtrend
Comment:
The dollar market may be getting trashed but the Ltc/Btc chart still runs - After breaking the long downtrend the candles have rejoined the uptrend
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