Litecoin
Long

$LTC LITECOIN showing great strength . Bullish

305
Litecoin continues to show great strength and resilience as it tries to break the $122 resistance level. Indicators remain strong and in particular the MOMentum which has now reset and going higher in a strong move, this is often seen as a very good leading indicator. Volume has also remained strong with bulls stepping in on any weakness, once again the weekly close should some bring some volatility and a push towards the top of the bollinger band would be very positive. Any move above above $122 we will consider adding to our position, while sub $100 is a sell area.

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