quantguy

Litecoin Clings to Support

BITSTAMP:LTCUSD   Litecoin
Litecoin has sold off with the rest of the crypto market. It is currently finding support at $134, a level we have identified many times in these reports. If it breaks this, $120 will be the next support level after crossing a vacuum zone. The Kovach OBV was quite strong in Litecoin for the past few days but has turned sharply suggesting the selling pressure is back. If we can manage some bull momentum, we must first conquer $147, then $158 will be the next target.

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