quantguy

Litecoin Gets a Lift

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has picked up, after finding support at around $158. We are currently testing $184, which seems to be a bit of a hurdle for LTC recently. Note the vacuum zone, however to $195, which takes us ever close to the $200 handle. It does not appear that LTC is quite ready for this level yet, but it certainly seems it is gaining the strength to conquer the mid $100 handle. The Kovach OBV is a bit oscillatory still, but is coming off of lows and appears to be picking up. If not, $158 or $169 should provide good support.

Join my discord at discord.io/quantguy
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.