Litecoin Upwards Trend Looking Stronger

After successfully breaking out of the multi-day diamond (more like a rhombus, actually), Litecoin rallied early today only to fall back briefly. But this pullback is looking like the lower level of a new 15-minute bull pennant, which has yet to be fully confirmed. Look for the price to rise back to the top of the flag, then fall to the lower end, only to rise again. Litecoin loves its flags, and this is looking like another clue that the upward trend is continuing.

Will be interesting to see how a podcast interview with Charlie Lee this afternoon (3pm PST) will affect things.

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