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LTCUSD – approaching a resistance line that has been previously tested at least twice in the past

LTCUSD was identified at around 84.6 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Falling Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 85.9189 level.

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NAS 100 keeps moving closer towards 21788.2656. Will it finally breach this level?

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We expect EMD to trend downwards for the next 2 hours.

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