Litecoin Soon to Breakout??
Updated
Bitcoin is gunning for new highs, but Litecoin does not seem convinced. It is currently consolidating just above our level at $184. There is a bullish divergence in the Kovach OBV so watch for a breakout soon. If so, we must clear $191 to make new relative highs. The next target after that is $195, the last level in the $100 handle. We will find support at $184, but after that there is a vacuum zone to $174, which should be considered a min lower bound for now.
Note
As predicted, Litecoin broke out!! Currently testing $195, the exact level discussed in the report above!!Note
Momentum continues!! $200 here we come!!
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