Litecoin has returned to relative highs just under our level at $141. It appears to be forming a clear affinity for this upper bound, in a clear bull consolidation pattern. We are seeing higher lows, and the Kovach OBV is trekking up, building strength. We could be looking at an imminent breakout. If so, $147 is the next target. If we fail to breakout today, we could continue the consolidation pattern further, and $134 and $130 will continue to provide support.
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.