GregoryMichelson

LTC/USD (BITS) Daily

BITSTAMP:LTCUSD   Litecoin
Limit orders set to 127.76 for LTCUSD - other than a level below the highlighted range, I don't see too much else before that.

These mini-pops between yesterday and today have been short-lived and weak, succeeded by even greater dips to the downside. In my opinion, swing trading the moves at this time (without any clear direction as to where this market wants to go) increases the risk involved substantially - I've aborted the shorter time frames and resumed the longer-term setups.

High probability demand zones and patience is key.

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