LTC GOING TO $77.00 ?!

Updated

Good morning all. I have placed my thoughts on this situation for litecoin here. Being that alt coin season might be starting soon - I mentioned reasons why in a previous post - we could be seeing LTC break to the upper line of this rising broadening wedge and even break it to the upside all together! we had a false breakout of this pattern with a rise in positive volume and momentum. A flag is being printing just between two very important resistance lines which in theory should act as a major support. I would like to have seen this flag forming over the purple resistance of $73.24 however we did dip into the zone briefly.

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Not what we want for a continued move up.

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One more bush up? Will LTC break up from the rising wedge like the other alts ?!

Trade closed: target reached

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Does LTC have the potential of breaking this channel to get over $80?

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YEHOK

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