Litecoin Pulls Back
Litecoin has hit $147, but has met resistance here, retracing back to support at $141. This level appears to be holding but if we break further, $134 is our next level of support. After that, we have a vacuum zone to $120, but it is likely current levels will hold and LTC will range here, consolidating before the next breakout. There is a vacuum zone above $147 to $158 which is our next target. The Kovach OBV has picked up notably, but has turned over slightly reflecting the resistance at $147.
Join my discord at discord.io/quantguy
Related publications
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.