Litecoin has been able to recover higher levels, but has fallen short of $105 exactly as we predicted yesterday. Dedicated readers were prepared for this, and hopefully took profits if they bought in the $90's, which we cited as having strong support. Indeed, we found support just above our level at $94.84, which we still anticipate as a likely floor if we sell...
Litecoin dipped into the $90's, where finally saw some buying interest. Though this was sufficient enough to take us back to the $100 handle, we were unable to break the next major technical level of $101. We are currently sitting just under that, with two red triangles on the KRI confirming resistance here. The Kovach momentum indicators look pretty weak, but...
Litecoin got hammered, giving up the $100 handle entirely. Earlier this week, the high $90's got bought up quickly, and we were able to make a concerted effort to make it back to $105. However, we were promptly batted down to lower levels, finding support just above our next technical level below at $94.84. We are seeing several green triangles forming at these...
Litecoin has found support after giving up the $100 handle briefly, and testing the high $90's. We were immediately bought back, breaking through $101, and testing $105. However, momentum quickly fizzled and we have retraced, finding comfort in the range between $101 and $105. The Kovach OBV does suggest a bull divergence, we should face prohibitive resistance...
Litecoin has taken a dramatic turn for the worse, completely giving up the $100 handle albeit for a bit. We smashed through all of our technical levels in the low $100's including $111, $109, $105, and $101. We did see support start to form around $99, confirmed by a green triangle on the KRI. We were then bought back up to $100, suggesting that the markets...
Litecoin has rejected $114 as we anticipated in these reports. It has smashed through $111 and $109, finally finding support at $105. If this does not hold then $101 is the next level of support and should be considered a floor for now. If we are able to pivot, then $109, $111, and $114 are all possible targets, with $114 a max upper bound for now. The Kovach...
Litecoin got a lift from the low $100's to $111. At the time of this writing, it is currently testing this level. The Kovach OBV is still relatively flat, and we will have steep resistance from the next level at $114. If we are able to break above $114, then there is a wide gulf of a vacuum zone to $120. At this point though, we are likely to range or retrace....
Litecoin has broken down lower as we predicted in these reports. Bulls got hopeful when we were testing $114, however LTC promptly dumped back to support at $105. We appear to be hanging on by a thread at this level but we do have a green triangle on the KRI to confirm support. If this does not hold, then $101 is our next target. If we somehow catch momentum,...
Litecoin is sitting at a strong support level now. My short term price action is a bounce to the $131 level. Looking forward to read your opinion about it.
Litecoin has found support in the low $100's and shows a remarkable amount of determination with respect to the other crypto's. We are currently testing $111, which we have noted as a strong resistance level. We may be seeing an inverse head and shoulders pattern with a slanted neckline, and if so, that could be a good sign for bulls. Targets above include $114...
Litecoin saw strong support from $101 and a nice burst of momentum took it all the way up to $111, which we called out as a target yesterday. We met swift resistance at this level confirmed by a red triangle on the KRI. The Kovach OBV is pretty weak, so we do not expect the rally to continue. It is highly likely that LTC will range or retrace. Watch for...
Litecoin has found support at the base of the $100 handle as we anticipated. We are seeing somewhat of a relief rally at the moment, and appear to be making a run for $109. We are already seeing strong resistance as confirmed by red triangles on the KRI. But if we are able to break through then $111 and $114 are the next targets. If the rest of the crypto...
Litecoin has fallen off sharply, smashing through support levels and currently testing $109. We are seeing nice support confirmed by green triangles on the KRI, but there is a vacuum zone below to $105, then another below that to $101. If we can muster a relief rally then $111 and $114 are likely targets.
Litecoin has fallen further, along with the rest of the crypto market. We broke through $120, then $114, and are currently in the vacuum zone between $109 and $114. The Kovach OBV has sloped notably, and at this point we are starting to look oversold. A relief rally should find resistance at $114, then $120, where we once found support. If $109 does not hold...
Litecoin has topped out at $134 before sharply retracing to support at $120. We saw quite a bit of resistance near highs confirmed by several red triangles on the KRI, and we were very vocal about this, to warn bulls to ease off. Sure enough, we saw a sharp selloff soon after. The Kovach OBV has turned over sharply, confirming the selloff. If support at $120...
Litecoin has continued to edge up, solidly breaking through the $120's into the low $130's. We have hit our profit target of $130, and have retraced a bit to test $124 again, but have found support just above this level, confirmed by several green triangles on the KRI. We are finding resistance just above $130, but if we can break through, then $134 is the next...
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.
Litecoin has pushed further, breaking our next profit target of $124. We are currently just above this level at $125 or so at the time of this writing. We appear to be considering the vacuum zone between $124 and the next major target of $130. The Kovach OBV is quite strong, lending credence to this rally, but it does appear to be looking oversold, suggesting a...