It is the age-old saying, what goes up should come down. True! But when does it finish? As I said in my BTC evaluation, it looks as if the market has simply overreacted to the pullback (correction). Now consumers have steamed in too drab the bargains under $100.

My concern now is the variety of value ranges, which may trigger the value to battle to make its means again to $130. It’s clear that when we break $103 and maintain above this value, then we will then sort out the $110 – $115 value.

Conclusion: Litecoin is being propped up by BTC , and this is clearly a bearish cryptocurrency in the meanwhile. Look on the Daily, Weekly and Monthly charts, and you may see there is nothing bullish about this market in the meanwhile. If you’re holding Litecoin, I might be lightening the load on the Yellow value factors I’ve highlighted. While $103 was already hit I hope we will break by to not less than hit $115 once more.

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“Patience is the important thing to any market” – Nathaniel.

Thank you for your love and help.

Regards

Nathaniel – “The worth Trader”

Little Big Movement / IONIC Capital

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