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Litecoin (LTCUSD) Major Level Needs To Hold by technicaltrader

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cryptocurrency · @technicaltrader ·
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Litecoin (LTCUSD) Major Level Needs To Hold
![](https://cdn.steemitimages.com/DQmUU6fWwwPxyQVR27n159H2DWJ1cEPtw9YVazEvgrhWVSH/image.png)

After the weakness in Crypto's yesterday, LTC is within touching distance of its September low.  After hitting that low, it then broke out of a falling wedge that has been forming since the February high.  My full analysis from a couple of weeks ago can be found [here](https://steemit.com/cryptocurrency/@technicaltrader/litecoin-ltcusd-bullish-declining-wedge-breakout-upside-expected) but that September low is key, a move below that represents the failure of the falling wedge and would be a bearish event.

Eyes peeled, looks like we'll get an answer soon.
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