quantguy

Litecoin Holds the Low $50's

Short
BITSTAMP:LTCUSD   Litecoin
Litecoin has retraced to support in the low $50's, where we got a small pivot and a burst of momentum, that seems to have petered out before even testing our next level at $55.84. We are likely to continue to hold the range between this level and $51.92. A retracement should find support here or at $50.64.

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