Litecoin To Challenge Resistance (Can It Go Up?)

Litecoin (LTCH19) is moving to challenge its overhead resistance sitting at 0.00978.

If this resistance can be broken with strength, expect additional bullish action from Litecoin (LTCBTC).

Conditions for change: If Litecoin (LTCH19) to break and close above 0.00978, you can expect a retrace to ensue and EMA10 to be tested next as support at which point a new analysis is needed.

Note: This is a short term analysis and is intended to give you an advanced warning of an upcoming move.

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Litecoin broke its overhead resistance with massive strength. Expect additional bullish action from this altcoin:

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