$LTC - Which trend LINE will Break first ...?

2 Jun 2018

As litecoin continues bullish momentum off it’s most recent bottom it currently finds the price trapped in this rising wedge contained by both strong support and resistance lines. Price is bouncing against upper resistance line and only a BREAK and HOLD above would issue in continued higher prices will be tested. A test and break of the lower trend support would put a test of $110 area back on the table. However, BTC #bitcoin still runs the show and will dictate any price action in Litecoin until there is a ratio diversion between the two...