LastBattle
Short

Bearish Litecoin

BTCE:LTCUSD   None
Nothing much have changed since I last wrote about it.
LTC is trading pretty close to the long term support line right now, along with a flash crash down to $2 -- 3 hours ago.

Any further downtrend will lead to the worst case scenario of $4.595 which is close to 23% downtrend from here.
As always, any spike in LTC price without being supported by any news is simply a pump and dump. Always get out early on a small profit.

Comments



On the way to $4, point of no return for now...
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