We reached a new high of about $256 last night, which we haven't seen since the middle of January. This is further confirming our bullish position which I am extremely happy about.
Currently at this exact moment we are in the process of testing the new set resistance of $150-155 after moving sideways throughout the night. We just touched the top of the upper BB in which we could expect a quick pullback whenever that happens. Our current short term support is at about $234.50. If this short term trend becomes bearish, then our next support after that is $227. I only expect that to happen if their is large enough sell pressure in which will make people FOMO. Litecoin is looking really healthy in comparison with BTC so I think we will be able to hold up.
I have been busy the last few days in which I haven't been able to make a TA. I was about to last night but then LTC went up $20 in a little less than an hour so I decided to wait until now to post one. Make sure to check out my previous day TA's and follow/like if you would like to keep up with the future ones.
I will update this if our resistance is broken or tested. I believe we will most likely move sideways throughout the support/resistance ranges though. But as you all know with crypto, anything can happen at any time.