marshallblack

LTC Support Found

Long
BITFINEX:LTCUSD   Litecoin
LTC has slipped into the support zone just below the .2 fib. Cup and handle formation has been completed and we should see the road to $500 continue here. obviously there will be multiple obstacles and pullbacks along the way, however I think that LTC has a lot of fundamental strength as the moment and the low price is attracting quick demand. A little bit of volume and we'll see LTC making swift moves to previous ATH at $360
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