Litecoin Chart Update

So yesterday, I had posted about a confirmed breakout. Everything was perfect, we formed a double bottom, and bounce to break $43, we stayed up there for awhile, but then by bedtime, EST, we were taken back down to $40, which you can see on the 12hr chart. We tested $40s a couple of times, but the coin held its ground. This is a good sign that there is strong support at these levels. The key is breaking that $43 and maintaining it. If we can do that, then we will see $45-50+ very short term.

Overall, we are in great shape, the $40 wall held up nicely and we should bounce from eventually, there maybe some sideways trading, but we will get to $50s+. Just remember to HODL!