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chillcrypto

Grayscale's Litecoin trust up, pending breakout?

Grayscale Litecoin Trust (LTC) (OTC:LTCN)  
chillcrypto Updated   
OTC:LTCN   Grayscale Litecoin Trust (LTC)
Support and Resistance
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supportandresistance
Looking around as I do on a down day, LTCN was up nearly 5% while Bitcoin and Ethereum were down. Price action seems to be moving into a wedge with a breakout expected soon. Keeping a close eye on this one if Bitcoin loses its short term luster.
Comment:
Obviously we broke down lower along with the entire commodity and crypto market. We haven't touched this level since Nov. 20 so appears to be a good level to consider buyin-in. Obviously not financial advice. :-)

snapshot
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