whatsinthecupsir

Litecoin short term TA

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BITFINEX:LTCUSD   Litecoin
Purple 5 minute trend lines are currently extremely bullish, support is at 192-193.50 , huge resistance at 200, if volume is large enough to break through then next resistance will be in the 210 range.

If we break the current bullish trend then we still have some support at 190.

In the chance that things completely turn around, the lowest i see it going is 160, but I do not see this happening any time soon.

I will update this as litecoin decides it path within the next hour or so.
Komen:
Looks like BTC is bringing down LTC with it, support at 190 was broken.

Most likely will fluctuate in the 180-190 range for the next few hours, could see mid 190's soon though, whichwith enough time and volume a test of 200 could be possible, but i'm personally not getting my hopes up.
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