LITECOIN - One of Few Charts Looking Promising

Call it a safehaven-looking chart today, Litecoin is over support and a Pump could follow.

if only the market can help a bit.

With Mt Gox fears being valid (nobody knows for sure how and when the event will take place) and after Powel's gloomy projections/tone we need to be worried.

Let's be aware that markets opening in Asia tonight (Sunday midnight hours for Europe) could add to worries.

We be careful and hedged here. 50,82 is support for Litecoin. 62 and 84 would be my targets for Long entries.


One Love,

the FXPROFESSOR