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Falling Wedge in Litecoin!

Long
Litecoin (BITFINEX:LTCUSD)  
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BITFINEX:LTCUSD   Litecoin
Trend Analysis Chart Patterns Wedge Litecoin (Cryptocurrency) LTC LTCUSD LTCUSDT Falling Wedge weakbulls Bullish Divergence 618 Fibonacci Retracement bollingerbandstrategy
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trendanalysis chartpattern wedgepattern litecoin ltc ltcusd ltcusdt fallingwedge weakbulls bullishdivergence 618fibonacciretracement bollingerbandstrategy
Hey Traders,

As you can see on the Daily Chart of Litecoin (LTC). Price action has formed a falling wedge which will breakout at the end of the month. The target for this is the .618 level which is about $119. Additionally, the RSI oscillator has indicated we have a weak Bullish Divergence. To also go with the $119 target is the orange basis weekly Bollinger Band resistance.

Safe trading,

-Pulkanator
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