quantguy

Litecoin Facing Resistance

Short
BITSTAMP:LTCUSD   Litecoin
Litecoin has found support in the low $50's and pivoted back up past $55.84. We are currently finding great support here, but facing resistance immediately above at about $58 or so. If we can break out then $61.75 is the next target. If we reject current levels then $51.92 and $50.64 should provide support.

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