#LTC is trading inside a wedge
, Yesterday, Bulls broke out of the wedge
which is a buying signal as long as #LTC can close on a daily candle above 82$. The bullish trend
will face $90 as a heavy resistance where the red line lies. I would suggest to sell a bit sooner and wait for a daily candle closes above the red line. This will target $109-$115 and then $129 levels. The pivot point
protects $130 levels. The bulls have defended $75 levels aggressively so far. A daily candle closes below the wedge
means the bears have broken below $75. TA wise, this pattern targets $60. We have to wait for a clear confirmation of which direction #LTC will decide to move. Therefore, I suggest traders wait for a daily candle close above $82, or a bit higher at $85 before buying the crypto currency.