LTC follows BTC for the most part. We see buyers coming in but with bears having such control the Bulls will not turn this market on a dime so we can expect the tug of war to give way to one last low before we make our way to all time highs.
Comment:
LTC has performed better then expected with such a steep climb to 4. Need this pullback to remain higher then 3. BTC is oversold so we should get a nice bounce 3:30pm est 2/5. I am thinking we break up out of the wedge and then back test it.