LTC Moment of Truth

HUOBI:LTCCNY   Litecoin / Chinese Yuan
171 0 2
LTC has reached resistance from the 200EMA and the ichimoku cloud on the daily. Rejection here is very possible, however: the RSI seems to be trending upwards; the OBV has some strong support; and looking at the last time LTC broke through the cloud, there is chance for a big upwards move.

This will also coincide with cryptocurrency fundamentals over the next few weeks: the launch of gemini, and the final SR FBI auction.

Happy trading!!
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