quantguy

Litecoin Recovers the $60's

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin recovered the $60's, breaking through $61.75, and holding just above this level. We pivoted from the high $50's, where we were wavering in the vacuum zone between $55.84 and $61.75. We are running into some resistance confirmed by red triangles on the KRI. If we retrace, we should find support in the high $50's again. If not, the next target is $64.37.

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