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$LTC: Litecoin breaking out!

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We've just seen LTC break out of the triangle it's been forming since late February.

My mid-term target is around $280, however BTC could ruin the momentum not just by going up, but also by going down, as we've seen in the past. (I am bullish on BTC though)

LTC is one of the few altcoins that has (slightly) more market volume in USD than in BTC at the moment, OKCoin seems to handle about 50% of LTC volume. Will be interesting to watch!

You can see the market share in volume on the following link - https://coinmarketcap.com/currencies/litecoin/#markets

I am waiting for a retest on the resistance turned support before committing to LONG on LTC.

Happy trading!


הערה
And that is why we wait for the retest

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