Litecoin has a very interesting signal in the weekly chart. After faking a move to the downside and margin calling everyone and their mother down, it's highly likely that we see a strong uptrend emerge from this zone.
You can see my reccomended entries on chart. As many know, I'm running a trading group, sharing signals for Bitcoin and Litecoin traders, mostly focusing on the futures over at okcoin.com, but also covering Bitfinex, Bitstamp, BTC-E and okcoin.cn spot trades. (mostly long term) I'm running the group with my associate, a great intraday trader from China. We cover the Bitcoin and Litecoin markets 24/7/365 and have great accuracy and performance in our signals, as well as live screen sharing of intraday trading sessions.
We've recently shared a monthly entry to go long BTCCNY at 2310, which is paying off spectacularly so far. Feel free to message if interested in the group, and remember to risk between 1 and 5% per trade. This signal right here has great potential, so don't hesitate on taking it!
Good luck, Ivan Labrie.
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Looks solid.
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Still under resistance, BTC's outperforming LTC for now, but above 3, we have good odds of continued rallying.
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No follow through for the uptrend yet. I'd reccomend backing out of it for the time being.