quantguy

Best Litecoin Trading Ideas!!

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin caught some momentum and has broken $184, which provided resistance in the past. The Kovach OBV has been trending up, however we are not seeing the momentum we usually see when cryptos moon. We are still bullish of LTC but anticipate retracements. If so, $184 will provide support, then $174 if this does not hold. Our targets are $202 and $210. These should provide resistance but after we break these it should be smooth sailing through a vacuum zone to $227.

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