Litecoin: LTCUSD Key Break Level Litecoin is doing well considering the mess Bitcoin caused yesterday. Bitcoin itself is making a reverse head and shoulders, but Litcoin is displaying a different trick. It cannot really be chased here, but slowly the bears are being rounded up around that sloping dynamic resistance line from the highs and soon the real battle will commence here. We can stand and watch if not already long - and then join the victors. It's likely to encounter problems between 278 and 293 - let it battle away but keep an eye on it until we see a victor emerge. Once 296 has been taken by the bulls it will be time to get long again on any pull-back looking for a retest of the highs at 347 minimum and more likely to 374.