quantguy

Litecoin Breaks Relative Highs!!

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has gotten love from the crypto rally, breaking out past relative highs at $191, which we have added as a new technical level. We are facing resistance just above this level as confirmed by a red triangle on the KRI. We are likely to test the next level at $195, which is the last point of resistance before we can attempt the $200 handle. If we retrace, we should see support from $184, but it looks like Litecoin is gearing up for another breakout.

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