Litecoin has blasted to new relative highs, fully invalidating the head and shoulders pattern we cautioned you about on Friday. This is a very bullish rejection as we are seeing from Litecoin's ascent. We have smashed through $251, which was once our profit target. Our next target is $291 which is a Fibonacci extension level. We should see some support from $251 and $242 if it retraces.
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