quantguy

Litecoin Breakout??

Short
BITSTAMP:LTCUSD   Litecoin
Litecoin is wavering in the $50's, at $50 exactly at the time of this writing. Volatility has drastically consolidated, however the Kovach OBV has flatlined, suggesting that we need more momentum to come through before anything exciting happens. If we breakout, then $55.84 is the next target. Otherwise, we can expect support at $45.48.

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