Litecoin has gained a bit of momentum and has broken out of what looked to be a bull wedge forming with an upper bound of $134. It is currently meeting some resistance at $143, and will have another immediate barrier at $147. After this cluster of levels we have a vacuum zone to $158. The Kovach OBV is strong but rounding off suggesting we may see a pullback from current levels before the next burst of momentum. $134 should provide support.
Trade closed: target reached:
Second profit target reached at $147!! 😎😎
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