somanystreams

LTC breaking out?

BITFINEX:LTCUSD   Litecoin
Looks like LTC is breaking through the first resistance. Let's see if it can break through the 160 resistance it met the other day. And then it looks like we'll be looking to the next resistance around the $190-$210 area.
Be careful though. It could just be poking its head above this resistance and get slapped back down.
But it's looking pretty good. So far the $140-$149 support area has been holding strong and now we're seeing some upward movement off of it.
Time will tell now.
Good luck out there
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