LTC(2) - Litecoin to new highs
As suspected from the previous Litecoin analysis, Litecoin closed above $235 and is now at a new all-time high of around $330.
Close above $235 from the last analysis which brought litecoin to new all-time highs. Here
Litecoin is now highly overbought, however momentum is still high. There is some overhead resistance.
If Litecoin closes above $308 looks to be a buy still. However a close below $294 is a sell.
With Litecoin's crazy momentum we might see $400 in the next few days.
*All technical charts are based on Bittrex LTC/USDT *
*DISCLAIMER: The author does not hold any positions in LTC *
LTC broke below 294 it is a sell right now. support at 261 and 228.