Litecoin Lookin Weak

21 במאי 2021

Litecoin has found support but is looking pretty weak. We are caught between $187 and $224. Momentum has dropped as measured by the Kovach OBV. We might be forming a bear flag, which could suggest that we are due for another dump, which could take us as low at $147. From above we have several levels which will provide resistance, but the next major target would be $264.