quantguy

Litecoin Breakout Soon??

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BITSTAMP:LTCUSD   Litecoin
Litecoin got a nice lift from what appears to be a double bottom at $153 or so. This appears to be a hard lower bound for now for LTC. We are facing resistance at $184, currently. Beyond this level there is a vacuum zone from above to $202. After that, we have $209, and then there is a vacuum zone to $227. The Kovach OBV is picking up which may indicate Litecoin is building steam for another breakout.

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