Long

Litecoin at Support

The Litecoin price action appears to be rounding off, but we seem to still be having good support from $134. We have made an attempt at the $140 handle again, but have swiftly rejected this and retraced to support at $134. Broadly, we could be seeing a head and shoulders type pattern forming. If we break down, then we should see support from $130, then $124. The Kovach OBV is still strong, so watch for LTC to make another attempt for the $140 handle. We are looking at $141 or $147 for targets here

quantguy

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by quantguy

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