quantguy

Litecoin Continues to Climb

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has continued its recovery and smashed both of our profit targets and $184 and $195. Currently, it is at $198, just below the psychological level of $200. There is another technical level at $202 just above that. We will next face resistance at $209. A retracement would find support at $195 then $184 again. We still have a long way to go before we reach highs at $227, but this is definitely a nice turn around for LTC.

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