we are now heading back down a downward channel that has broken the long-term up-trend. Watch LTCBTC and BTCUSD to confirm movements. Bitcoin did a dead-cat bounce on the shorts, LTC did the same. I still think Bitcoin is going to see < 3K soon, which will likely pull LTC down with it.
I'm still long-term bullish. Once this downtrend shakes out the weak, we'll sour back up to new ATH.
What do you expect price in a short time according to your chart? see 30 $ level?
atomantic
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@oymer007, I've got buys down to 30, but I buy at increasing volume increments in case it doesn't fully confirm the downtrend, then I average my cost to set a sell target. I'm still long-term bullish so I'm holding most of my coins.