raserrano

#LTC will soon try to test 0.0122

Short
BITTREX:LTCBTC   Litecoin / Bitcoin
Currently just breaking the wedge and within what I think is an accumulation phase it seems that the next move that #LTC will do is test the monthly level of 0.0122 satoshis. This will be a nice trade if you are able to get aboard just now and hopefully the move will get there, it could also be even greater as it could try to get to the 0.01614 satoshis level which is a great sign looking to recover the previously trend that was created before April 15th. In the opposite direction the failure to test it and gain the 0.0122 level or a rejection to it will probably make it downwards and loose the 0.0097 satoshis level and head very abruptly towards the 0.0075 satoshis level which will be a very big loss for the bulls.

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