Litecoin is still very bullish . The overall market trend of Litecoin has never been bearish . Trend is your friend. Here are some possible trade opportunity I see. It can also be long term add position. What are your thoughts?
@some_guy, but it did as it almost always does. LTC (and most other coins) turned bearish when everyone was panicking that the BTC futures were going to result in a price crash. Once BTC started moving sideways instead of down, LTC (and the other alts) resumed upward movement. We're in the clear again at least until the 13th. The first futures contract closes on the 13th and not sure what impact that will have on market sentiment. Maybe none at this point. Anyway, I think LTC will correct now and then break back towards $300. The chicken isn't done flying just yet.