henrytrading

LTC looking bullish, may see the upward trend continue again

Long
BITSTAMP:LTCUSD   Litecoin
LTC/USD has crossed red decsending trendline and bouncing off green upward trendline which is acting as support. Also seems to be consolidating within yellow support area, should see upward movement from here on. However, if it does in fact break through yellow support area we may see a further fall to red critcical resistance zone and then a move upwards.

+ve comments and constructive critiscm would be appreciated, relatively new to the trading scene :)
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