Litecoin had significant gains in the last three trading sessions, it could reach its resistance point at 59.21 in the next few days, the Relative Strength Index has been increasing and its currently at 58% which still gives us a chance to go long, once it gets closer to that 70% overbought status we need to be careful and close positions before it can make a reversal or has a breakout, the bollinger bands are closing up but they are wide enough to expect volatility while the moving averages are spreading out.
This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.