Litecoin: LTCUSD 2 buy points:
1. On test of 240 with stops at least 5 lower, under the
dynamic support line.
2. Add On a break of the dynamic above - need to see some
volume pick up with the latter and a decent rally in first hour
after it happens...if we see this it should pick up momentum
as it rises and should then hit 283-285 before it meets profit
takers again. Join them, or stay long looking for a staged rally
to 310, 325 , 347 and eventually 375 again.
1. On test of 240 with stops at least 5 lower, under the
dynamic support line.
2. Add On a break of the dynamic above - need to see some
volume pick up with the latter and a decent rally in first hour
after it happens...if we see this it should pick up momentum
as it rises and should then hit 283-285 before it meets profit
takers again. Join them, or stay long looking for a staged rally
to 310, 325 , 347 and eventually 375 again.