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esk20

LTC/USD Long. Getting squeezed at end of huge falling wedge.

Long
Litecoin (BITFINEX:LTCUSD)  
esk20 Updated   
BITFINEX:LTCUSD   Litecoin
Trend Analysis Chart Patterns
7
1
trendanalysis chartpattern
Litecoin is sitting on extremely strong support (triple bottom) and is currently at the bottom of a falling wedge. BTC is also in need of some upside retracement from late nights large drop.

SL 111
Comment:
Still waiting at $114. BTC has similarly stopped dead for now in no trade land. At this stage I would wait for either a bounce at 110 to confirm or a breakout at 117 for entry.
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