bamboodian

The good, the bad, and the ugly.

bamboodian Updated   
OKCOIN:LTCCNY   None
When the Stoch RSI of 2H reach the over sold zone, we will find out.
Good luck.
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The re bounce is too week, if the lower track break, 220 will be tested.
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Multiply support area, and I will try to re buy at this area.
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Finally it choose to go in the good way.
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Good good good, let the chikun rock.
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Nice cup.
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If, there is some retracement, watch the red circle.
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Don't short, I'm just show the pressure track.
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Next few pressure positions.
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Retracement is necessary, but still, i don't suggest open short.
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I believe from now, LTC will runs more and more independently from BTC.
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If this support break, be careful.
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For now I really don't know what will happen for LTC, because it refuse let bear to do a health retracemant, it's not easy for bulls to pull LTC up, so, let them fight, and see who will win.
Comment:
If LTC break through the red circle support, which is the MA30 on 1 day superimpose the lower track, it will move down to find another support area. between Fib 61.8%~50%, also close to MA90 on 1day.
Good luck
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