Litecoin Continues to Rally

Litecoin / U.S. dollar BITSTAMP:LTCUSD

quantguy

Litecoin has hit $130, following the rally in crypto. It has blasted through $120, then $124. The Kovach OBV is strong, but is starting to show weakness as we are encountering resistance at $130. We are seeing a red triangle form on the KRI . If we retrace, watch for support at $124 or $120, otherwise $134 is our next target.

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