LTC has been downtrending since Jan 6th high. Today around noon EST we broke out of the downtrend as it met the .262 Fib line. It held through Wall Street close and quitting time 5 EST. A lot of buying in 244-246 range. Hoping to see a launch this evening and, at the very least...reach or pass the .382 fib line at 253 range, or possibly .5 Fib at 262 range. Hoping ETH profit taking funnels to LTC instead of other Alts. TRX and BCH have shown some gains during the ETH selloff. Note: This is not investment advice...only an opinion.
Comment:
Shoot. Looks like BCH picked up the gains.