Short

Litecoin Breaks Out, Can Momentum Sustain?

Litecoin has pumped hard, coming just below our target of $64.37. We are seeing strong resistance here confirmed by a red triangle on the KRI. Nevertheless, we have broken through strong resistance at $61.75, which remained a barrier for LTC. If we can solidly break $64.37, then the next target is $66.94. If we retrace, then we should have support at $61.75, then there is a vacuum zone to $55.84.

quantguy

Join my discord at discord.io/quantguy

Also on:

Related publications

Litecoin Breakout

by quantguy

Disclaimer

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.