quantguy

LTC Breakout??

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin is hovering around relative highs as well. Indeed $227 seems to be providing good support. If it retraces, $210 would be a great place to buy. However, although the Kovach OBV is slumping, we probably won't see that. Our next target for Litecoin is $252. Both Kovach Momentum indicators are fairly neutral, so if we do see a retracement, $210 and $194 would be bargain prices to buy.

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