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.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.