Litecoin is ranging and perhaps forming a bull flag after finding strong support from $120. We tested this level successfully after rejecting $130, but did not have sufficient momentum to take us much past $124. The Kovach OBV has slumped notably, so it is doubtful we will make another run for $130 without more momentum. We should see continued support from $120 but if not, then $114 should hold.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.