$LTC has been trading inside a descending broadening wedge since August. During this period, the coin's movement was aligned more towards the lower trendline.
The price action was lopsided towards the lower trendline so much that the coin touched the upper trendline of the wedge just three times, whereas it kept rebounding off the lower trendline multiple times.
Now that $LTC has been sliding along the lower trendline, it's high time for a rebound towards the upper trendline, which is $100. The RSI has already turned upwards, and $LTC will start its movement towards this level in the coming days.
