CapMoore

#1 LTC Trade Setup on M15 Dec 17 2017

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
SMA200 on M15 has turned up as price shot through the cloud after
a test of it. A healthy bounce. Since price took out previous high,
sold off to the Kijun Sen (white equilibrium line) and found support
there, again took out the new high and is currently testing the
Cloud. As long as the 307 level holds and cloud supports above that
price is bullish on intraday basis. If price break 307, next is the SMA200.
A close below that with continuation down, pause all longs. Current
level, is a tight stop entry below 307 targeting the new high around 330.
agree
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