wakethesheep

LTC for another Bull Run

Long
wakethesheep Updated   
BITSTAMP:LTCUSD   Litecoin
here we have a textbook bullish pennant right after having an enormous bull run. Price is currently staying on the upper side of pennant and moving away from our S1 at 308. Look to buy here with our first target for TP to be just below R2. And for those who are more conservative, look to keep some holdings and ride out the rally up to R3 just above $500
Comment:

we have clearly broken through our first line of resistance. lets wait out the rally until it is a better time to realize our profits. I personally believe that we will be touching $500 in the next couple days.
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