Litecoin Leveled Off

Litecoin has completely leveled off and appears to be at the apex of a pennant pattern. This suggests that we will see some life here soon. From above, $200 is a reasonable target, and from below we should see support from $158 or $169. The Kovach OBV is flat but still pretty strong, suggesting we may be gearing up for another breakout. We still have quite a few levels to break before returning anywhere close to highs.