Brutal sell-off on Litecoin over the last few weeks, but major support around the 0.01 area. Charlie Lee has also now announced his leave from Coinbase in order to focus full time on Litecoin development. This is more good news, along with the rest of the improved fundamentals that Segwit has introduced for Litecoin. I expect to begin retracement back up in the coming weeks, perhaps as early as next week if the recent addition of Litecoin to Bitstamp proves to be bullish.
Fib 1.618 Target is 0.034
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Better view of this trendline
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2 Double bottoms after breaking out of a falling wedge. Lets see if it holds here
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Here we go..
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LTCUSD looks like it wants to attemp a breakout of of 32
LTCBTC (along with the rest of the alts) is getting sell pressure from Bitcoin's 3k squeeze
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Second attempt to break up..
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Looks like a breakout! lets see how much fuel chikun has