thetradinghall
Long

LTC may have found a bottom

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
LTC has showed quite a clear picture since many months. The current fall is yet not as obvious. The sequence has everything from a corrective move but this is not clear if 75.45 will be the bottom of the yellow (ii) wave. If not,this is a good candidate. Even if technical gives a clear SELL signal, we favor a resume of the uptrend as long as 75.45 holds. A break of 78.67 is a first hint the bull trend is back in force.

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