quantguy

Litecoin Estends Gains to the Mid $50's

Short
BITSTAMP:LTCUSD   Litecoin
Litecoin has pivoted off $51.92, and made a run for higher levels. We hit the exact target we mentioned yesterday at $55.84, but are running into resistance here. If we are able to break through then there is a wide vacuum zone to $61.75, and we are likely to find some resistance in between. If we reject current levels, expect support in the low $50's.

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.