LTC/USD 7/9/20

LTCUSD

This analysis shows a scenario where LTC is in a huge triangle with some relatively strong support & resistance levels. The triangle is ascending and so it seems we're about to have the opportunity to break up and out of it. If we break out, it looks like we would climb up to the second blue line (resistance), where we'd then bounce off and hope to hold the bottom blue support line (support).