quantguy

Litecoin Looking to Break Higher!!

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has continued to rally, finding resisntace and retracing a bit just below our profit target of $417. We have finally broken all time highs on this coin, which has been long overdue. We are likely to see support here at $375, previous all time highs, but if not there is a vacuum zone down to $340. We are likely to make another run for our target of $417 soon. Our next target for Litecoin is $450. The Kovach OBV is still very strong, but appears to be leveling off suggesting that we may range or retrace.

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