quantguy

Litecoin Tests the $60's Again

Short
BITSTAMP:LTCUSD   Litecoin
Litecoin has pivoted off of the low $50's, blasted through $55.84, and crossed the vacuum zone to reclaim the $60's. We are currently testing $61.75, which provided prohibitive resistance. We are currently contending with this level, and starting to run into resistance. The next level is $64.37 if we are able to break through. If not, we could fall all the way back to $55.84, or to the base of the $50 handle again.

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