quantguy

Litecoin Rejects $140!!

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has rejected the $140's and is currently finding support just below at $138 or so. The Kovach OBV has dipped slightly to confirm the selloff, which may be just a reasonable, healthy retracement after the rally. The price action has rounded off at highs so we could see more dumping to come, but we should have support at $134 or $130. If not, LTC will surely test $140 again soon.

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