quantguy

Litecoin Bottomed Out??

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has dipped quite a bit as well. It seems to be finding support at a new technical level, which aligns perfectly with $200, a strong psychological level. watch for support here. If not, it will easily slice through the vacuum zone to $183. Current levels should be viewed as buying opportunities, and if we see lower levels, it should be considered a bargain. we have been waiting for good dips to buy and LTC is one of our favorite cryptos. The Kovach OBV is pretty bearish but it may have bottomed out.

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