TheTrex

Litecoin - Egypt 2.0

TheTrex Updated   
BITFINEX:LTCUSD   Litecoin
It's more than art :)
-TheTrex
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I think litecoin will go down similarly like bitcoin, there are 3 uptrend waves visible in this last marjor bounce up.
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Trend seems to find good support on the yellow angles.
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If LTC closes below this yellow line trend will continue to go down.
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Litecoin is now at the lower support angle, should bounce here. If you looking for a scalp this should be it!
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LTC back to 72-91 USD?
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We are getting pretty close to the 72 USD LTC ;)
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Nearly 72 USD target, think it could go down more though
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Next big support is around 50 USD
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Litecoin will be entering the broken fountain in near future. Lets see what trend will do in october ;)
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It's almost October, lets see if we see any major reversal or doom!

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