Litecoin Dips Sharply
Litecoin broke out from its consolidation pattern at $195. It tested $202, the next level above, but then dipped sharply, smashing through $195. It finally found support just below the next level at $184. The wick of the candle extended down to $174, but we appear to be equilibrating in the mid $180's. We are seeing a green triangle on the KRI around $180, suggesting support here. But if not, we should see further support at $174, then $169.
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