Looking at the price action on the one day LTC might be looking for a leg up, depends what the catalyst will be. Recently its held itself relatively well with the fluctuation of BTC price. However on the one day we see price action start to slow with what looks like coiling with a descending wedge to support.
Lets see what she does here over the next few days. Markets seem relatively strong.
Lets see what she does here over the next few days. Markets seem relatively strong.
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Might see a nice bounce off the moving average, may take a day or two. I'm expecting it to settle at the bottom of the wedge before we see a breakout.