The 1d upward trend line has provided long-term support since the lows earlier this year, while the recent down-trend line since April's high's has acted as strong resistance. LTC tagged the 61.8 fib retracement and these trend lines converge this weekend for a potential breakout; the symmetrical triangle pattern suggests continuation of the uptrend to retest April highs upon completion.
Comment:
Scratch 61.8 - misread
