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Kazonomics
Jan 26, 2014 10:43 AM

LTCUSD 3 Hour Chart Update #ltc #btc Short

Description

Following up on my last ltcusd chart, hope everyone was able to get a piece of the short when 21.85 fell. Our previous supports have now become our new resistances levels to watch. While below 21.85 keep watch on lower time frames for sell setups.

As always trade objectively. Price is the only thing that pays here. GL
Comments
Kazonomics
Hope everyone made some $$$ on this one. LTC traded perfectly between its levels to the down side. Be careful as we are approaching the downside target at the longer term uptrend line. Trend is your friend don't bet against the price. Price pays nothing else.
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