LTCUSD
is looking for Wave 1 (see chart) for support. In my opinion these are flashing BUY levels...
I a placing
LTCUSD
as a BUY! When
LTCUSD
breaks the downtrend line (Blue) we may not see these levels again in the future... The weak hands are gone, Mt. Gox turmoil is almost over, and regulation is becoming clearer.
Put a stop just under Wave 1 just in case...
Cheers,
-AB
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