quantguy

Narrow Range for Litecoin

Short
BITSTAMP:LTCUSD   Litecoin
Litecoin is still ranging maintaining the behavior it has held for almost a month now. We keep testing the low $60's, and we have added $61.75 as a new technical level which seems to be the lower bound of the range. Volatility has consolidated immensely, with $66.94 a hard upper bound to the range. The Kovach OBV is flat, so we will need more momentum to come through before it breaks the range either way. We should consider $55.84 a floor price for now, in case LTC wants to test lower levels.

Join my discord at discord.io/quantguy
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.