Litecoin has trekked up from lows at $209, where it has appeared to have formed a double bottom. There is a vacuum zone above current levels back to $280. However, current levels will provide some resistance, and we are playing close attention to the momentum around them. The Kovach OBV does seem to be edging up which is a good sign, but if it reverts, we will find support at $227. The absolute lower bound still seems like $209, but testing this again would establish technical weakness
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.