Bitcoin's failure has washed over into all the Alts but Litecoin has not suffered as badly as others, so far...if that's to remain the case then support at 245 must continue to hold here during the course of today .
there will will maybe more deeper correction for Litecoin, because fail to break the raisaitance line of 295 USD, maybe we will see Ltc at 195 USD to 210 USD? but this correction is a postive point for the long term growth of the price of Litecoin, because this will confirm the tripple Bottom Pattern, that will push bears to collect more deeper and then push again the price to reach again a new all time hig price at 450 USD, this is my target to take profit, the next year .
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I figure if it goes down past 199 we could see a lager sell off in the general market and this this could bring a new low.. be ready to sell and get back in when it's down .. or ride it out , you know it's coming back.
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gracias
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