Litecoin has broken through support at $134, currently hovering at $130. This is not a good sign for Litecoin but at least selling momentum has let up. We have broken through to the vacuum zone below and the next stop is $120 unless we can equilibrate back to $134. The Kovach OBV is flat, so expect some ranging for now. If we do catch a bid, then the $140's next on the target list.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.