Head and Shoulders pattern was forming over the weekend which was a bearish sign, but momentum from Bitcoin spilled over to Litecoin. There is some resistance at $58.50, but another wave of momentum is anticipated since both Kovach Momentum Indicators are in solidly positive territory. Next profit targets are at $60, then $70.
If you are interested in using the Kovach Momentum Indicators or Kovach Reversals, see quantguy.net
If you are interested in using the Kovach Momentum Indicators or Kovach Reversals, see quantguy.net
Join my discord at discord.io/quantguy
