Can Litecoin Break Highs??

Litecoin has made an attempt at $134, but we keep finding prohibitive resistance just below this level. We are seeing several red triangles on the KRI to confirm strong resistance every time Litecoin tests this level. The price action seems well confined between $124 and $134, which is understandable, after its rally from the low $100's. It is starting to look top-heavy and a retracement could take us to $120 or $114, though we must break through $124 first. If we break $134 then $141 is the next target.