LTC found its much needed support at 130 USD

Updated
LTC appears to be traveling in a downward wedge formation and has managed to found a support at 130USD, the volume is and price are rising. If the wedge's upper boundary is broken, we might expect price to rise as high as 160 USD.
Note
Now even both indicators are signalling divergence, the downward trend is probably over.
Falling WedgeTrend AnalysisWedge

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