Now that Litecoin has made all-time highs the question is what is next? The long breakout/trend trade from 81 is still intact. There has also been strong net volume as price has expanded to the upside. As long as price holds the 119 area I will remain long looking for continuation of the trend. Below 119 there might be a reversal opportunity but for now the trend is our friend. Consolidation/Range movement above all time highs might not be the worst as long as the support zone (highlighted rectangle) holds.
