LTCUSD – getting close to resistance of a Rising Wedge

An emerging Rising Wedge has been detected on LTCUSD on the 1 hour chart. There is a possible move towards 93.0067 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.

Supported by Upward sloping Moving Average

Target: 93.0067 Entry: 91.26 Stop: 89.97