quantguy

Support for Litecoin!!

Long
BITSTAMP:LTCUSD   Litecoin
Litecoin has dipped to lower levels with the rest of the crypto market but we appear to be finding good support at our technical levels, established for quite some time here. In particular, the $300 handle seems to be holding, and our next significant level is $291 if that does not hold. We have two green triangles on the KRI, so this is a good sign. The Kovach OBV has turned bearish to register the selloff. We will have to cross two significant technical levels which will provide resistance at $322 and $340, before we can test former all time highs at $375 again.

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