To complement my bullish scenario, I offer you a bearish view: Be aware that LTC might actually break down from the falling wedge, as it already did in February (see fractal), having us revisit the $100 zone. G20 news could be a possible catalyst.
Trade carefully!
(General bear market advice: Longs are risky. If in doubt, be neutral / sidelined or short the tops.)
Trade carefully!
(General bear market advice: Longs are risky. If in doubt, be neutral / sidelined or short the tops.)
Order cancelled:
Broke up the wedge, bearish scenario invalidated. See my other scenario for target levels.
