quantguy

Litecoin Breakout

Short
BITSTAMP:LTCUSD   Litecoin
Litecoin rallied after testing the mid $50's. We found support at our level at $55.84, and made a run for $61.75, where we are currently meeting resistance, confirmed by a red triangle on the KRI. If we reject these levels, then we will likely test the mid $50's again. If we break out, our next target is $64.37.

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