Downward trend is reversing, resting around 38.2% retracement and Support Zone beneath. Looking good for the upcoming two weeks! X's are TP's and possible shorts, small corrections there hence minor resistance zones.
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We hit 0.013, first TP (X) correcting here!
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Pumped up all the way to the resistance zone. Will see ABC correction here
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Might top off at 0.018 = 78.6& fibs retracement
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I would play safe and sell, won't expect another massive leg up on this rise already.
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Im not completely sure about the yellow arrow, this one could be the next major uptrend flag for LTC after breakout out of the triangle.
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LTC more bullish than expected, would be great to see another leg up?
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Resistance points if we break up, 0.0180/0.0185/0.02045
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Could this be a launchpad?
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I know I have been posting many charts now, they are here to let you decide yourself and evaluate the scene. If this plays out (many think we are bullish on LTC). Decide what you think and please share you opinion, criticism is very helpful!
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Litecoin correcting/consolidation phase. To 0.014-0.015
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Bearish signs on LTC starting
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Panic sell mode initiated. Entry points from last picture should be reference point.