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quantguy
Nov 16, 2017 1:13 PM

Massive Bull Wedge Forming in Litecoin Long

Litecoin / DollarBitfinex

Description

As Bitcoin rockets into the stratosphere, the Altcoins are lagging, presenting a buying opportunity. Here, with Litecoin, we see a massive bull wedge forming. Volatility has consolidated under the upper bound at around $66. The Kovach Momentum Indicators are still bullish, potentially portending a breakout.

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