GoodmanSimon

Small break out ... but when?

Long
GoodmanSimon Updated   
BITFINEX:LTCBTC   Litecoin / Bitcoin
The RSI is getting lower and lower while the price is holding firm at around 16050, this is a good sign.

Volume is building up slightly higher than in the last few days, if we get past the 16150 we should see a small breakout.
I would really not want to see us going below 15900, not with a good RSI and volume.

I don't think that we will see a massive jump, LTC is very stable, but a little over 16500 would see a nice profit.
Trade active:
Looks like the breakout is happening now.

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