quantguy

Litecoin Breakout Near??

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BITSTAMP:LTCUSD   萊特幣
Litecoin has dipped, more so than the rest of the cryptos. It has support at $145, which is a Fibonacci level we have long called out. If it breaks down further, $138, $132, and then $124 will provide support. It could dip as low as $111 and still be considered bullish. The Kovach OBV is gradually creeping up which may suggest that LTC may be gearing up for a breakout soon. If so, it has to blast through $154, and $166, before it can consider testing highs at $186.

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