Litecoin Pulling Back. Add? Sell? Or HODL?

A slight pullback in LTC has continued at highs as it faces resistance from the upper bound of the KRI. Both momentum indicators are still positive indicating momentum is strong despite some pullback. The Kovach Chande has pulled back a bit more indicating possibly indicating a place to add to a position. This recent pullback has seen support levels from below at $100, $102 turn into resistance levels from above. If we face a major pullback, $89 and $87 remain points of resistance. Good profit targets include $100, $102, and the Fibonacci Extensions and Nested Fibonacci Extensions at $130, and $138.50.

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