Unlike other cryptos which are forming consolidation patterns and getting ready to breakout, Litecoin already has broken out and hit our profit target from yesterday at $174. We appear to be stabilizing in price, and $169 appears to be providing support. Watch out because there is a vacuum zone below back to $158. We will have further support from $147, if needed. Our next target is $184.
The Kovach OBV was once strong but now appears to be starting to taper, so watch for a potential correction.
The Kovach OBV was once strong but now appears to be starting to taper, so watch for a potential correction.
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