Litecoin To Challenge Resistance (Can It Go Up?)

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Litecoin (LTCH19) is moving to challenge its overhead resistance sitting at 0.00978.

If this resistance can be broken with strength, expect additional bullish action from Litecoin (LTCBTC).

Conditions for change: If Litecoin (LTCH19) to break and close above 0.00978, you can expect a retrace to ensue and EMA10 to be tested next as support at which point a new analysis is needed.

Note: This is a short term analysis and is intended to give you an advanced warning of an upcoming move.

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Litecoin broke its overhead resistance with massive strength. Expect additional bullish action from this altcoin:

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