Litecoin has broken nicely above resistance at 236 indicating more upside to the handle-resistance near 377 and a break above here will active the huge cup with handle formation for a rally to at least 733 and possibly even to the extension target at 953.
However, for now we should stay focused towards the upside and a test of the handle-resistance at 377.
The material has been provided by InstaForex Company - www.instaforex.comfrom RobotFX
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