rletzeiser

LTCUSD We wait for consolidation to end. Up or Down??

BITFINEX:LTCUSD   라이트코인
Every time this thing looks like its about to move it turns into a narrower and narrower consolidation range. The unknowns of upside downside are enough to make me sit on the sidelines until a break above 217 or below 203. A bull pendant waves with little confidence. I think the move we see will be totally dependent on the other ALTs. BTC goes up I think LTC will join. We also need some volume. We are at an all time low for daily trading volume in the last 6 months. Maybe the street can help push it in one direction or another... until then we wait.

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