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.
@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.
Doc-al-Citadel
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@apribytkovsky, anyway i think u r generally right we go down again short term before medium to longterm fun, for all coins I mean ;-)
apribytkovsky
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@qdoc, Are you a christian or it's just a picture?
Doc-al-Citadel
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@apribytkovsky, man I could write a book on that subject. But yeah in the last six months I found christ it's true.