bamboodian

LTC, will it be a storm?

bamboodian Uppdaterad   
OKCOIN:LTCCNY   None
During the last 3 month, LTC keep climbing up with the support of MA30 on 1 day, but now, seem there will be a serious test for it, if the support of both MA30 and the lower track break, that will be a big retracement coming next, and for the target, I believe it will between Fib 61.8% and 50%, with the support of MA90 on 1day.
And we also need to watch the trend of BTC, if it's speeding up, that will drag LTC down in a short time. So be careful.
Good luck.
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Also you can see in LTCUSD, the support of MA30 and the lower track, very important support.
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The 78.6% Fib holds once again, amazing...and also the Sroch RSI has reach the over sold zone, we will have a re bounce.
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So was LTCUSD, the lower track holds well.
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The exchange rate of LTC/BTC is pretty good, good for you, LTC!
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Storm is coming. Check the detail.
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