quantguy

Litecoin Bottomed Out??

BITSTAMP:LTCUSD   Litecoin
Litecoin is gradually trekking downwards, breaking through support at $120. We are currently in the vacuum zone between this level and $105, but the bear momentum appears to be petering out for now, as the Kovach OBV has lifted slightly. If we do see a relief rally, then anticipate resistance again at $124 and $130. Otherwise, $105 will appears to be the min lower bound for now.

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