Mathijs
Short

Almost time to go long again for LTC!

BTCE:LTCUSD   Litecoin / U.S. Dollar
53 2 1
I think LTC has almost reached the bottom again. Keep your eyes at the blue line for to go long. 4.20 is probably the new support for the next wave up. Next target to go short is around 5,60-5,80. A break below 4,14 means we'll see probably lower lows.



4,14 has been broken. Next downside target are 3,50 and 3,18. I think 3,18 is a big support line and a good target to go long. Let's see what the market will do.
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There is a nice pivot point on 15-min and 60-min Chinese exchange charts and we've got very strong hidden divergence. IMO we might not see any lower numbers before the next move up if one goes ahead.
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