[Breaking News] Litecoin Is Breaking Out, Up 8%

in #litecoin6 years ago

Litecoin has broken out from its bull flag and is right now trading near 140. Here is the daily chart:

FireShot Capture 1273 - LTCUSD_ 138.830 ▲+7.76% — Un_ - https___www.tradingview.com_chart_AxIWekrr_#.png

Comment: Litecoin broke out above 134 and is now nearing the 140 mark. The volume is also good, after half of the trading day behind us, the volume has already passed by yesterdays so this is a good indicator for the next 10 hours.

Regarding the next target Im looking at 150 where we have the next resistance level. In addition to that, the 0.75 fibonacci level starts at 145.

Happy investing all Litecoiners!

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