Badhand007

8/2/20 Litecoin- LTCUSD- Sunday Analysis

Long
KRAKEN:LTCUSD   Litecoin
LTCUSD
Long term Trendline was tested with the major sell off from Saturday night but was ultimately respected.

Price is forming a wedge and indicated by the blue trendlines.
I'm looking for price to consolidate within this wedge pattern and then eventually breakout.
If price breaks up, we should see a retest of key levels, and then a continuation.

Key price levels to note:
$55.50
$56
$57.50
$58
$59
$60
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