Pending Breakout Litecoin

BITFINEX:LTCUSD   Litecoin / Dollar
842 22
The Short Term Trend for LTCUSD is Neutral but if it breaks out of the box area we could see a big move to the upside. The 50 EMA is holding and if it keeps channeling eventually the 50 will cross the 200 to the upside confirming a Short Trend Change to Positive once again.

Fair warning though, both the Med Term and Long Term Trends are Negative according to the our AM Wave indicator.

I will wait for confirmation of an upside move above 155.
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Good Post Well Done
it's a bear flag
qdoc apribytkovsky
@apribytkovsky, wrong ;-)
@qdoc, Man, it will go down....
qdoc apribytkovsky
@apribytkovsky, yep it probably will but it surpassed the target line
@qdoc, oh, yes. You are right)) Sorry, bro.
qdoc apribytkovsky
@apribytkovsky, no worries. wasn't having a go at u personally. Just saying he was right. He was only calling a short term small percentage profit and he was right the way I read his chart.
qdoc apribytkovsky
@apribytkovsky, anyway i think u r generally right we go down again short term before medium to longterm fun, for all coins I mean ;-)
@qdoc, Are you a christian or it's just a picture?
qdoc apribytkovsky
@apribytkovsky, man I could write a book on that subject. But yeah in the last six months I found christ it's true.
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