LTC is now heading towards the resistance area of $180. The major resistance area is around $200 and we may see a rejection from there towards the lower zone! LTC is lagging in big cap coins and we will see a good rally in coming weeks.((good luck))
Everyone is so caught up in BTC/USD (BITCOIN) slumping, or they're looking at LTC/USD (LITECOIN), or ETH/USD (ETHEREUM). I really believe you can find some good trading opportunities in some of these smaller Altcoins if you're patient enough to ride the waves. KNC/BTC is looking to be in a spot where we want to start building a position. it might not pop up higher...
Keeping it simple here as always! The BTC, ETH, and LITE of the worlds might be down right now. But PPT/BTC is ready to rock again after some consolidation. Volume picking up and the price is looking like it is ready to clear the base it has been forming under consolidation. We are looking at 1 hour and 4 hour charts to continue to swing trade this momentum higher...
