LTC/USD Long. Getting squeezed at end of huge falling wedge.

Apr 9, 2018

Litecoin is sitting on extremely strong support (triple bottom) and is currently at the bottom of a falling wedge. BTC is also in need of some upside retracement from late nights large drop.

SL 111

Apr 10, 2018

Note

Still waiting at $114. BTC has similarly stopped dead for now in no trade land. At this stage I would wait for either a bounce at 110 to confirm or a breakout at 117 for entry.