orgonix23

One more test of the Litecoin Falling Wedge

Long
orgonix23 Updated   
COINBASE:LTCBTC   Litecoin / Bitcoin
What really needs to be said here?

We have Litcoin, nicely defined in a 2 month falling wedge up against its 3rd attempt to break out.

With all the good news circulating around Litecoin and a general bullish sentiment towards the Alt coin market in general, I think its very likely that LTC is setting up to make a run on BTC in the next couple days.
Comment:
Litecoin broke out of the downtrend line as expected and was able to hold onto its gains.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.