whatsinthecupsir

Litecoin Short Term TA day 8

BITFINEX:LTCUSD   Litecoin / Dollar
We have been holding up in the 140 range for a while now which is good. If you take a look at my day 7 TA, you will see we went perfectly through my buy zone and went back up.

We bounced off of 137.1 twice so I have that as our current support and a good spot to place some buys. If that is broke then low 130's is next support. Our current short term resistance line is at about 151.50. If we can break that then 157.30 will be next followed by 160.

Litecoin is looking real healthy at the moment and is in a bullish trend . Breaking 150 will further confirm this.

I will keep an eye on this and update if needed. I have a busy day today so sorry for lack of information. Take a look at my previous day TA's of LTC and follow me if you would like to keep up with them.
Sorry, but could you explain how and when did LTC switched from a bearish trend to a bullish trend?
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whatsinthecupsir everibarra91
@everibarra91, I apologize, I typed this out quick and didn't really look over it. Long term I still believe LTC is bearish. But looking at the current 15 minute chart LTC is bullish. I will make sure to include that next time to avoid confusion.
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everibarra91 whatsinthecupsir
@whatsinthecupsir, Thank you for sharing!
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