Litecoin dipped all the way down to our lower level at $120. This was swiftly bought back and we've since recovered the previous value area, breaking through $124 and hovering just under $130. The Kovach OBV has picked up quite a bit with the pivot off $120, but we aren't hopeful of a bull run just yet. Litecoin seems very content in the low $130's, and at the time of this writing is actually at $128. We must break through $134 in order to consider the $140's again, and Litecoin does not seem very interested in these higher levels at the moment. Watch for it to hold the range between $124 and $130. In the event of another selloff, $120 should still hold.
Join my discord at discord.io/quantguy
