LTC Litecoin Daily pattern - Falling wedge: breakout imminent?
On the daily we see a big Falling Wedge pattern arising. The breakout will be soon ... within now and the next 3-4 days very probably. The price will probably rise with an amount of 45-50 Euro (55-62 Dollar) ... assuming that usually the rise at breakout is almost the same as the price difference between low and high price at the start of the wedge.
The current price may still fall somewhat below the support line at 131 Euro, but not much.
The current price may still fall somewhat below the support line at 131 Euro, but not much.