quantguy

Litecoin Looking to Break Higher!!

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has continued to rally, finding resisntace and retracing a bit just below our profit target of $417. We have finally broken all time highs on this coin, which has been long overdue. We are likely to see support here at $375, previous all time highs, but if not there is a vacuum zone down to $340. We are likely to make another run for our target of $417 soon. Our next target for Litecoin is $450. The Kovach OBV is still very strong, but appears to be leveling off suggesting that we may range or retrace.

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.