Litecoin Reversal??

Litecoin seems to have bottomed out at $117 or so, just under a patch of levels which provided support. It appears the carnage is over at least for now. We have solidly regained footing in the $100 handle currently trading at $160 or so. The cluster of levels which once provided support will now provide resistance, but the Kovach OBV now appears to have turned, which is a good sign for LTC. If momentum continues, we can expect it to regain the $200 handle over the next few days