LTC/USD cmp 348. 4h chart - consolidation in progress with a uneven cup pattern formation. Right side of the cup has a series of HH and HL formation. Price currently has formed a HL and waiting to spike. 400 plus target is highly possible.
@ntadakam, Not yet. Need to wait for a clear trend/signal.
ntadakam
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@scorpiomanoj, any ideas now? should wait for few days to buy again or buying now on dips is a good idea?
scorpiomanoj
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@ntadakam, 120 should reverse. Wait till the price touches 120. At 120 buy only if there is a sign of reversal which can be guaged in the form of a bullis candle in daily chart or Stochastic 14,3,3 crossover in oversold zone.