Is LTC on a BEAR Rising Wedge pattern?
LTC is forming a rising pattern at the moment we are on our way down to touch the bottom trend line of the of this rising wedge. The level I expect LTC to touch is between $55 and $56 before giving us another nice run up. The next bull run looks to be the 5 and final wave, which might be an extended wave 5 bringing the price very close to the $75. Because this is a rising wedge once this is completed we might see a big drop down to $52's.
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