Litecoin did a good job cooling off and ranging over the weekend after that huge move up. Hopefully it was taken advantage of and everyone has accumulated what they needed because we are running out of time. We retraced a healthy 50% and found support. LTC is currently working on retaking the 23.6% Fib level after a significant breakout. Everything is set for LTC to test $300 and beyond immediately, I will add short and longer term targets shortly.
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Looks like the top line of the wedge is being used as support where it intersects the 61.8% Fib level.