The_Prophets_Cyborg

LTC has bottomed out. Using 200EMA as support very well.

Long
BITFINEX:LTCUSD   Litecoin
I forsee the same trend in the previous bubble in 13/14.
We have bottomed out and using 200EMA as support.
Itchimoku cloud being slowly weaker, although a huge bear market clearly exists in LTC.

If we break 200EMA next support would be about 25$ but the R/R ratio here is very good.
A conservative price target for a long term hold would be 1500$.

Good luck.
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