Litecoin has rallied a bit during the trading session on Friday to break above the top of the hammer from the previous session. By doing so, it does suggest that perhaps we are trying to get a little bit of a short-term rally, but that rally should be an opportunity to short this market yet again. After all, Litecoin has been significantly bearish for quite some time, and therefore it is probably only a matter of time before we see sellers step back in and take advantage of “cheap dollars.” I do think that we probably have an opportunity to rally a bit, but the $100 level should be a massive resistance barrier as it ... (full story)