MarketIntelligence

Litecoin Analysis

BITFINEX:LTCUSD   Litecoin

Looking for a move in either direction as the Dragon has formed a neutral (Dragon breathes fire formation. Keeping the powder dry in anticipation of the next Asian buying flurry. check out bitcoinwisdom.com for altcoin stats.

Pitchfork identifies support and resistance at the (dotted) red and green lines. My trade triggers are a break of the upward or downward fork. Good Trading!
Comment:
Short position in full effect as price pierced the upward (green) pf edge.

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