nagihatoum

LTC Blast off?

nagihatoum Updated   
BITFINEX:LTCUSD   Litecoin
The head and shoulders is still valid and can play out wiping out bulls dream. If not it moon for LTC.

LTC has went up, contrary to what I had thought, but relative to BTC it has been stagnant. This stagnancy is bearish for LTC, because a small retrace for BTC means a dump for LTC.

Will test first the 12 daily EMA and then if not supported the 4H 200 EMA.
Comment:
Target reached

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