I'm not going to re-hash all the points I made in my BTC post. You should read that for yourself (link below). But I will make these additional points for Litecoin:
1) Hitting 50 day moving average 2) Hitting major GREEN trendline (great support) 3) GREEN TL intersecting with 50dma 4) Did I mention LTC follows big brother BTC?
It's coming friends. I sense it. A big move should happen soon, maybe as soon as this weekend.
Peace and happy trades all!
Note
I'm so bullish right now! We just broke the 4hr downtrend and longer term, I almost have nothing on my charts showing any sign of bearishness. I can honestly say that for the first time in 6 months, I am a full-on bull!!!
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