quantguy

Litecoin Retraces, Still Looking Strong

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has dipped sharply from $209, falling below the $200 handle to support at $195. This is a level we have called out many times and one as to which we have alerted you yesterday. We do appear to be consolidating between $195 and $202 at the moment. The Kovach OBV was strong, but has leveled off. The chart still looks strong overall, and a technical retracement is to be expected. If we dip further, $191 will provide support then $184. If we break out again, we must clear $202, then $209, before we consider our target of $217 again.

Join my discord at discord.io/quantguy
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.