Litecoin
Long

LTC Breakout or breakdown?

127
#LTC Still watching... For a bullish breakout we need to break the current channel and the 136 resistance. For a trend reversal I would say we need to break that 170.00 "B" wave retracement. Although the volume is low the MACD and RSI seem to be increasing so as of right now I'm cautiously bullish on LTC and HOLDing my LTC.

if that support breaks near 108 .00 everything is out the window so expect new lows. Don't lose your shirt, set a mental stoploss and manage your risk.

Not advice just my opinion.

Cheers,
Tr3mblay

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