Litecoin Soon to Breakout??
Bitcoin is gunning for new highs, but Litecoin does not seem convinced. It is currently consolidating just above our level at $184. There is a bullish divergence in the Kovach OBV so watch for a breakout soon. If so, we must clear $191 to make new relative highs. The next target after that is $195, the last level in the $100 handle. We will find support at $184, but after that there is a vacuum zone to $174, which should be considered a min lower bound for now.
Note
As predicted, Litecoin broke out!! Currently testing $195, the exact level discussed in the report above!!Note
Momentum continues!! $200 here we come!!
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Disclaimer
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.