Bull Wedge in Litecoin!!
Litecoin is gettting a lift and we definitely see what appears to be a bull wedge forming with an upper bound at $134. We saw support from $120 earlier and will continue to do so if we face resistance again from $134. The Kovach OBV has flattened, after picking up when Litecoin caught support at $105. Thus it is doubtful this breakout will happen today, and will give bulls more time to accumulate a position. If we are wrong, the min lower bound of LTC seems to be $105, but it is doubtful we will break $120.
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