quantguy

Best Trading Ideas for Litecoin!!

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has gotten hammered in the selloff. We retraced from $200 all the way down to the $160's. Currently, we are hovering over support at $158. We have $147 below us at the moment and this is about the limit of what we would still consider LTC to be 'bullish'. From above we have $174, $184, and $202. The Kovach OBV is pretty bearish so we can expect LTC to at least range here for a bit, before attempting a recovery.

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