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Long

LTC/usd downward channel under Ichimoku cloud stabilization

BTCE:LTCUSD   Litecoin / U.S. Dollar
319 1 0
With the ease of movement coming back to initial momentum, the Ichimoku cloud leads with a good sell pressure. Buy pressure is holding but as resistance. Note average sell pressure trend and 618 fibonacci level. Other indicators might show the momentum velocity trend but all signs point to LTC at 17.91-18.45 at new years PST.
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