Litecoin, in terms of Bitcoins , is making an Pattern, https://www.freeonlinetradingeducation.c... , as seen on the chart.
It could be a couple of days or weeks before we break out, but once we do that, it should run fast.
The price tarjet is determine by adding to the breakout point, 0.02 Bitcoins , the size of the previous movement, 0.02 Bitcoins - 0.006 Bitcoins = 0.014 Bitcoins . So the price target once we break out of it should be about 0.034 Bitcoins per LTC. Wich I would expect it to be reach in the first quarter of this year.
Good Luck in you decisions
The correction in Litecoin seems to be over, and the uptrend has resume. I will expect it to double in price, at least in dollar terms, within the next 2 or 3 months.
Good Luck in your decisions