Bludwood

Litecoin Preparing to Hit Next Level (cont.)

Long
Bludwood Updated   
BITFINEX:LTCUSD   Litecoin
This is a continuation from an idea posted on 4/10:


UPDATE: LTC is continuing to consolidate at these levels under the 99 Day MA, and barring a major setback should be setting up to test the moving average again. LTC is supported by the 25 Day MA which is moving higher, while the 99 Day MA acts as resistance above it.

Also - The MACD is still in positive territory, but the lines are closing in on one another. A break to the positive or negative side should occur soon.

I.M.O. -- LTC has bullish sentiment at this time, and appears to be consolidating to make a move to the 200's. Good luck HODL'ers.

-Blud
Trade active:
LTC pierced the 99Day MA but still being held back.... 3rd time will be the charm! Be patient and hold on tight --> 220's coming soon.
Comment:
Getting close now... Get ready for the pop!
Comment:
POP!!! Up we go.
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