regorego:
LTC M15For Litecoin, we've had some small changes since looking at it yesterday.
Originally we are targeting 70.45 - 71.45 for a re-test. Given some time has passed without any sort of breakdown, our moving average and pivotal level has now changed into less appealing bids.
We're looking for continued support now towards 74.30 with a possible deviation underneath this towards 73.30. If there is any hope of trending higher, we would need to use this area as an aggressive bid area. The lack of volume is what gives me uncertainty over this idea even if the pairing is moving a lot.
The real point of interest is the 74.30 - 73.30 level now. Ideas to buy if this level were to fail would be more around 71.10 and 69.15 with targets towards the old pivot of 73.30 - 74.30 (we will re-visit this if necessary)
@Rego
