Looks like it will bread and will reach around 275 in comming few hours.
MCassICT
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This is exactly how I am reading it although even bullish I think we top at previous resistance of 287.....still a lot of negative out there coming off Charlie Lee selling his coins
cprime
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@Bremily01, did he "sell" his coins? the article i found said that he donated his coins. Im not trying to mince words, but "selling" and "donating" would have significant differences to the market considering the sheer volume of his holdings at the time.
MCassICT
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@cprime, No you are correct. While he did donate the majority he did sell some as well. Many LTC holders it seems feel that he no longer has the incentive to push the coin as a result. I personally dont look at it that way but many do.