MichaelBlach
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Litecoin week or two ahead with Bitstamp launch

BITFINEX:LTCUSD   莱特币/美元
We can see LTC/USD has been hitting some resistance at the $31 level as of late. This week is no exception we see some support coming in at the $28.40 level in addition to a hammer followed by bullish confirmation. This is signaling an uptrend, but we will however, run into that resistance again at the $31 level. Before this happens I expect us the drop a little to the $28.80 support level and then test this resistance level . If LTC is able to break this resistance, followed by oh I don't know a Bitstamp launch we should be able to see some nice support past at the $31 followed by a little resistance (maybe none at all with big news) at the ~$34 dollar level and then we should be able to see it hit the $40-$45 mark given its current uptrend in the past months.

We should also be able to safely say there will be nice a uptrend because LTC is sitting at that 20W T-line at the neutral position rather than the overbought position. This also further strengthens our hammer followed by bullish confirmation in the blue box.

Once the $31 level is tested again we could see a good opportunity for another entry point, other then the current time.

To the moon!
评论: We should also be able to safely say there will be nice a uptrend because LTC is sitting at that 20W T-line at the neutral position rather than the overbought position.
评论: This also further strengthens are hammer followed by bullish confirmation in the blue box
评论: Our* hammer. Sorry about the typo.
评论: Once the $31 level is tested again we could see a good opportunity for another entry point, other then the current time.
评论: First post sorry about the repetitive comments, did not know I could edit for 10 minutes. Anyways let me know what you guys all think about the weeks ahead.
I am sure it will break through the 31$
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MichaelBlach VishwaRatna
@VishwaRatna, without a doubt, I just said there will be some resistance and there has been :)
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VishwaRatna PRO MichaelBlach
@MichaelBlach, what is the expected time for a pump in your opinion?
herd that they LTC is being integrated for payment in Russian franchise.
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MichaelBlach VishwaRatna
@VishwaRatna, do you have the source for that?
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