quantguy

Litecoin Holds the mid $50's

Short
BITSTAMP:LTCUSD   Litecoin
Litecoin is holding strong in the mid $50's. We are finding good support from $55.84, confirmed by a green triangle on the KRI. If this level does not hold, then We could retrace back to support at the base of the $50 handle, at $51.92, and $50.64. If we are somehow able to muster the strength for a rally, then we could test highs again around $60, or our level at $61.75.

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