Litecoin is ranging in tandem with Bitcoin. It is hugging the lower Fibonacci retracement levels with current support at 132 or so. Longer term support will include 124 and 111. Although this asset is trading sideways currently, it is consolidating suggesting it is building up for a breakout. The Kovach OBV is pretty flat, so unfortunately we don't have much technically to go by here. If we do breakout, 145, 154, and 166 are all targets. We have a ways to go before testing highs again at 186
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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.