Litecoin Breaks Down!!

Litecoin has smashed through the vacuum zone below $120 to support at $105. We had considered this a min lower bound for some time, but it does not appear to be seeing any significant support from $105 and is hanging on by a thread. We should see support at the psychological $100 level after that, but otherwise, prepare for double digit LTC. The Kovach OBV is extremely bearish, but if we get a relief rally it will need to at least bring us back to $120 to be considered significant.