LTC has left the negative trend channel and stays above the resistance at 154$ (swing trend line ).
This gives us the chance of getting higher to the next fib retracement at 187$!
stop: falling back into the negative trend channel
Litecoin has broken out of the negative trend channel (red). It has climbed very fast to the next resistance, has also broken through it and is now even above a swing trend line, which can be seen as support.
RSI shows a overbought situation and it wouldn´t a surprise if the price comes back.
As long as LTC stays above the current support we can continue to aim the next line (fib retracement)
stop: under the current support