LTC Falling Wedge Trend- Breakout Soon

LTC went on a decent run last week and has been consolidating. It has formed a falling wedge pattern with decreasing volume. With Litepay releasing end of the month the chance of it breaking up of the wedge is very probable. Should be breaking within 24 hours. Been holding LTC since .0183btc targetting around .0265btc to take some profit. With BTC price consolidating the next 24hr should be prime time for a breakout.

Kommentera:

If don't have any LTC, this is a great point to buy in with very low risk. I would put a stop loss around .019 area. Personally I'm letting it all ride.