quantguy

Litecoin Estends Gains to the Mid $50's

Short
BITSTAMP:LTCUSD   Litecoin
Litecoin has pivoted off $51.92, and made a run for higher levels. We hit the exact target we mentioned yesterday at $55.84, but are running into resistance here. If we are able to break through then there is a wide vacuum zone to $61.75, and we are likely to find some resistance in between. If we reject current levels, expect support in the low $50's.

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