LTC imminent bottom - 4 hr chart

We have going sideways with the past few days, volume decreasing from 800K to low 200K, RSI at 50%, and MACDI neutral. Already a portion of the profit has been taken out and a bit more to be taken out over the next 2 days.
Looking at an entry point between 52-56, or for the more audacious, 48 to 52. Anticipate first entry point tomorrow.

Good Luck

Trade active:

We will be scooping LTC at 54-55 over the next 12 hrs - then will hold for the next resistance target (working on TA)

Please - replay and provide feedback from this idea of almost 3 days old.

Cheers

Trade closed: target reached:

Bought LTC at $54 - now looking at long term trends with the following events:

+ BTC/BTG (fiasco)
+ Segwit2x
+ China lifting ban