Rotated rectangle indicates...

OKCOIN:LTCCNY   Litecoin / Chinese Yuan
30 3
...the continuation of a trend.
It's not the trend but correction of a bigger & stronger trend :) How low do you expect it to go?
Blond oleg.golubovich
Well, we can say that it is a continuation of the correction )))
Easy to make mistake, but I'm waiting for the fall to $2.3 (BTC-E). Perhaps even below.
Sounds too good for those ready to re-buy at lower prices. I'm not sure if there are enough unsafe longs and panic sell traders who will be able to cover fast-growing market demand. Though technically 2.4+/- is reasonably possible.
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