Are You Ready for the Litecoin Breakout??

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Litecoin is consolidating in a triangle corrective wave. The triangle has an apex at one of our levels, $185, near relative highs from before. The Kovach OBV is extremely strong, and this divergence also suggests a breakout. To be meaningful, the breakout will first have to clear $194. Our next target for LTC is $209, garnered from Fibonacci extensions. If we are wrong, a 50% retracement to $168 is reasonable.

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أغلقت الصفقة: تم الوصول للهدف

Litecoin breaks out to $194, the exact level we identified in this post.