quantguy

Litecoin Retreats to Support

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has rallied to the $190's, but has sharply retraced back to safety in the lower $180's. We broke through support at $184, but have held strong above $174. We are seeing some green triangles on the KRI at these lower levels suggesting support. If these lower levels don't hold, we can definitely expect support from $174 or $169. We must break through $184, then $191 before we can consider $195 again. This is the last level standing in LTC's way before the $200's again.

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