quantguy

Litecoin Breaks Down!!

Short
BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
Litecoin has smashed through the vacuum zone below $120 to support at $105. We had considered this a min lower bound for some time, but it does not appear to be seeing any significant support from $105 and is hanging on by a thread. We should see support at the psychological $100 level after that, but otherwise, prepare for double digit LTC. The Kovach OBV is extremely bearish , but if we get a relief rally it will need to at least bring us back to $120 to be considered significant.
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Comments

i said recently its going under 100... could bne nice short from 130+ level.. 30% with 3x margin was safe to make 100% profit.. in 10days...
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Loving it!
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