Favorable risk:reward here on LTC-USD

Updated
Chart looks good for a 20%ish swing trade (long) on Litecoin against USD. LTC-BTC is basically at all time low, and this goes in favor of this trade as even a minor bounce on ltc-btc could yield a decent pump on ltc-usd. Especially if Bitcoin stays bullish against USD.

Keeping my eyes open as Bitcoin looks like it's about to turn around and get into a steep correction. The moment Bitcoin starts sinking against USD get out of this trade as well.
Trade closed manually
We've danced a bit, but it's all over.
Chart PatternschikunLitecoin (Cryptocurrency)LTCUSDTrend Analysis

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