Litecoin Holds a Narrow Range. Breakout Soon??
Litecoin is ranging, maintaining the $190's. It has found support $184, the exact level we identified. Currently we are holding a very narrow range, so watch for a breakout soon either way. We should see continued support at $184, but if not, there is a vacuum zone down to $174. The Kovach OBV has dipped notably, so we need more momentum to come through before we can consider testing higher levels. The next targets are $202, then $209. If we can make a run for highs, then the next target is $217.
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