Here's a quick look at LTC 2 hr chart. As we can see, the price has been oscillating in a bigger falling wedge for some time now, and we will soon see a breakout. The volume also low which indicates a bigger move to come. Keep an eye on LTC!
The idea is: Buy the breakout from the falling wedge and Take profits at the levels shown in the chart.
Targets:
1. 260$
2. 289$
3. 334$
Note: Profits can also be taken in the resistance zone.
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!