quantguy

Litecoin Hits Second Profit Target!! All Time Highs Next??

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has blasted past our profit target of $322 to hit our second profit target of $340. It seems
this project is finally catching the momentum it was waiting for. We are well within reach of all time highs at $375, which is our next profit target. However, we are due for a retracement, or at least some ranging. Avoid FOMO-ing in at highs. We should be forming a dragon head pattern as the price consolidates before another breakout. Be mindful of the vacuum zone down to $291. The Kovach OBV is still very strong, but appears to be rounding off.

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