sumastardon

LITECOIN: LTCUSD All good still here: Buy on dips

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin LTCUSD
If you were smart enough to use a break of the smaller
dynamic support as your exit point maybe you werre aso
smart enough to buy back using the longer term dynamic as an
entry point. It wasn't quite as perfect as the smaller dynamic
was - it was 1 point out - close but no cigar. Just hope you
managed to get long again there...at Litecoin we saw almost
perfect order amongst a shit-load of chaos everywhere else.
It's likely to encounter resistance off the underside of the
smaller dynamic when it touches it and a goood place to close
out if you did get back long from lower. it should then start to
consolidate some more between the two dynamics but with
an upward bias movong sideways within these boundaries for
while before surging higher still. Buy dips, sell rallies into the
overhead dynamic in very near term or look to accumulate on
weak spots over the next day or two.
Chaos only reigns here if the lonfger term dynamic fails at any
point.

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