Litecoin Breakout??

Litecoin is coming off of the corrective wave. It is not showing the momentum that ETH or BTC have exhibited, but litecoin rarely does. This is a nice bounce, but it is not showing the emphatic momentum of a breakout that we usually anticipate from cryptos. This is not a bad thing, because we need healthier growth to avert a bubble. Litecoin may dip again, but it should find support at $141, $130, or at worst, $117. All should be considered buying opportunities. It is much more likely that we will range at current levels, and eventually breakout again hitting $167 and $186 again. Our next targets for Litecoin are $194 and $207.