We are seeing an emphatic bull wedge breakout in Litecoin. This is well received by Litecoin holders, who were eagerly awaiting some traction. As we are writing this, we are watching Litecoin cross the vacuum zone and test one of our levels, $202. This is psychologically and technically significant as we have regained the $200 handle. Watch how LTC behaves around here. It could retrace to find support back at the upper bound of our wedge pattern at $184. If this support does not hold we could find ourselves back at $158, where the recent dip found support. Otherwise $210 is our next target.
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