Profit Target Hit: Litecoin

Litecoin has been a bit more modest in its ascent. It has reached our profit target of $173. We are likely to face some resistance here, and there are lots of support levels below. A significant dip could take us to $153 or even $140, and this would still be considered bullish. There seems to be a divergence between the Kovach OBV and the price, which is a bit concerning, but there is hardly anything fundamental or technical which should cast doubt on this product.