LitecoinLong
Falling Wedge in Litecoin!
Hey Traders,
As you can see on the Daily Chart of Litecoin (LTC). Price action has formed a falling wedge which will breakout at the end of the month. The target for this is the .618 level which is about $119. Additionally, the RSI oscillator has indicated we have a weak Bullish Divergence. To also go with the $119 target is the orange basis weekly Bollinger Band resistance.
Safe trading,
-Pulkanator
As you can see on the Daily Chart of Litecoin (LTC). Price action has formed a falling wedge which will breakout at the end of the month. The target for this is the .618 level which is about $119. Additionally, the RSI oscillator has indicated we have a weak Bullish Divergence. To also go with the $119 target is the orange basis weekly Bollinger Band resistance.
Safe trading,
-Pulkanator
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