nagihatoum

LTCBTC broke above major resistance

Long
BITFINEX:LTCBTC   Litecoin / Bitcoin
But apparently it is inside an ascending channel. All possible paths I have drawn. My guess is we stay withing the channel and move up slowly. RSI have room for up. This will suggest that LTCUSD will outperform BTC slightly. In pumps it will pump more and in dumps it will dump less than BTC. Also BTC recent pump didn't push down LTCBTC like in the past, suggesting a flip in correlation. Previously LTCBTC dumped when BTC pumped, indicating a trend reversal for LTCUSD.

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