quantguy

Litecoin Regains the $130's!!

Long
BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
Litecoin has regained the $130's after selling off and testing $120. We were wavering in the $120's after getting swiftly bought back, but have managed to edge back up to solidify the $130's for now. The Kovach OBV has picked up notably, but is starting to waiver, as the price levels off below $134. We are starting to see a bit of a buying candle pick up, but we must break $134 before we are able to see higher levels. We are likely to see resistance from $134, but there is a vacuum zone above this level to $141 if we can muster the strength to break it.
Comment: Litecoin has made an aggressive run past $134 and is currently in the vacuum zone between this level and $141. Let's see if it has enough in the tank to hit our next target at $141!

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