LTC new 73 days cycle is coming

FIrst of all lets take a look at day time frame with cycles drawn on it. It clearly shows that a new cycle is coming.



LTC has longer cycle than BTC - ~73 days against ~43. I cannot say whether it will be an uptrend cycle or a "top of the hill" before next falling cycle. In both cases, we may expect LTC reaching 786 Fibonacci level at 0.0260 with is 37% from where we are now and will take approximately one month. Worth waiting? Maybe not as a long investment but keep in mind that on its way it will rise and fall several times so there will be lots of opportunities to raise much more than just 37% =)

Good luck with your trades.