Why I could be bullish on Litecoin
Litecoin is forming a perfect falling wedge, hitting resistance lines a combined 8+ times. A continuation falling wedge (one that sits upon an uptrend), is usually a bullish signal, and many more details can be found on the web. If bitcoin sees a breakout, Litecoin will follow, and most likely with more power. Bitcoin is currently significantly above its previous all time highs, while litecoin is less than half. This is a sign that it has not nearly reach its full potential. Although I am currently not invested in LTC, i would consider adding a position if we see a bullish breakout from this pattern shown above.
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