Ltc is riding a macro support while coming to the end of this correction/ bear phase. RSI is at a historic value that has resulted in reversal highlighted by the white vertical lines. Both downtrends have nearly identical timeframes. This could be a place to take a small position in LTC. This also seems like a make or break position for Litecoin in the PA. I am also going to add a chart looking at the Ltc/btc pairing. NFA Do your own DD Novice here
Nota
Here is the LTC/BTC chart on the same timeframe (monthly) vertical lines are the local lows for ltc against btc compared to the rsi. infolines to highlight the gain against btc + length of impulse.
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