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LTC - 3 Days

Long
Litecoin (BITFINEX:LTCUSD)  
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BITFINEX:LTCUSD   Litecoin
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LTCUSD has found a bottom at the "Dead Cat Bounce Level". (See previous post)

My analysis estimates that we will see a break out in the next 3 days.

I have Fibonacci extension targets of 1, 1.382, and 1.618.

It looks like we will bounce off the Long-term downtrend line 1 more time before finally breaking the trend.

I will keep you updated.

Cheers -

-AB
Comment:
Comment:
snapshot

We are currently butting up against resistance. We should be breaking the downtrend line soon. I will do further analysis soon.
Comment:
snapshot

Less than 10 days till we breakout of downtrend...
Trade closed: target reached

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