Litecoin has officially broken this massive, multi-year wedge... on the up side... this is a great formation which once broken, will see massive gains.
As such, LTC is well on its way to pump towards higher levels vs Bitcoin. The first real test will be at 71k satoshi, after that 100k satoshi.
These levels should also take LTC over $400 on the USD pair which will make LTC set a new all time high... very good.
MACD turned very bullish on weekly timeframe, with a nice golden cross on the moving averages and a clear cross on the positive side by the MACD histogram.
Volume was quite strong on the breakout from the wedge, so this is looking sexy. RSI pumping higher... yep... we're set.
Taking some long swings on LTC should make you happy! Just have patience.
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