Litecoin is UP today, could it be in for a new liftoff? Here is the daily LTC/USD chart. ![](https://steemitimages.com/DQmNpDSUyBwXqp3GbSgPguoT6nNnJV5iSKGrydaWh4FqVPp/bilde.png) The Superguppy show a tight grey group of moving averages, but widening down.Also the blue Trend Break Arrow Alert is telling the bears may not yet be ready, but need to be confirmed. I have lined up a couple scenarios here, within a support/resistance based triangle. A break in the support line can send LTC below $100 again. ![](https://steemitimages.com/DQmZqnBaw3MtKcfHfivyRscWkLvY3Gtg8qBJEnNU2PxnZFF/bilde.png) Litecoin is traded below the 1d Ichimoku cloud. ---------- Short term looks better. We are trading up into the Ichimoku, and the traders group of Superguppy are tightening up in a grey area. The long term red investors group are not yet convinced about the price going up. ![](https://steemitimages.com/DQmSMUUQT3P6Dx71fpUgSpNFTYrhvA7XjawR7u2FoaXiHjH/bilde.png) This short term bullishness could result in the green D in the triangle being made. ---- *These are just my thoughts, not a trading advice.* *If you have another view on this post your welcome to discuss and post your charts in the comments.* *If you'd like my technical analysis on another coin, please ask in the comments.*

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