Falling Wedge in Litecoin!

Litecoin / Dollar BITFINEX:LTCUSD

Pulkanatir

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

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