LTCUSD is moving towards the support line of a Falling Wedge. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 18 hours and may test it again within the next 5 hours.
LTCUSD – approaching a support line that has been previously tested at least twice in the past
