As usual, if this chart receives 15 likes I'll keep updating it as opportunities present themselves. In regards to my long term holdings, I'm still short on LTC and BTC , but if the titanic is going down via a slow bleed, might as well profit off it!
At which point I'll be looking to enter LTC @ 243, for a move up to the 258 range to fight the long term downtrend.
This play should coincide with BTC making a run towards 15k if it can break the 14500 resistance, either way, if the moving averages continue to act as support we're looking at some nice scalps. I'll update when trade is active.
As I mentioned earlier on, this was a classic bulltrap, we can now resume looking for lower level buys. I'll be posting a new chart soon.
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Regarding your LTC moonshot comment, I wouldn't give up just yet, there is alot of good news on the horizon, and I fully believe LTC will be doing another ATH run..however, we must wait for BTC (as will almost every other coin) to finish its movements.
Patience is required.