quantguy

Litecoin Soon to Breakout??

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin is consolidating in a very narrow range about what seems to be a point of control between $171 and $174. This consolidation of volatility suggests a breakout should follow soon. We have $158 and $147 for targets below. From above, $184 and $195 will provide resistance and these will be barriers before we can consider $200. The Kovach OBV, once strong, has equilibrated at current levels.

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