Litecoin Pulls Back

Litecoin has hit $147, but has met resistance here, retracing back to support at $141. This level appears to be holding but if we break further, $134 is our next level of support. After that, we have a vacuum zone to $120, but it is likely current levels will hold and LTC will range here, consolidating before the next breakout. There is a vacuum zone above $147 to $158 which is our next target. The Kovach OBV has picked up notably, but has turned over slightly reflecting the resistance at $147.