LTC May Be Preparing For Another Wave UpLitecoin / US DollarCOINBASE:LTCUSDTheGemHunterIn Areas of High Liquidity I have plotted trend lines of high liquidity, micro and macro resistance. On the 1- Week chart we can see how these areas of liquidity have proven to be wave bottoms; wicks through this liquidity line are major clues. If they occur in areas of slightly lower lows, this strengthens the chances significantly. ~3 Hours Until Weekly Candle Close We have a falling star through this significant liquidity line once again accompanied by RSI bullish divergence. This wick also marks a slightly lower low and suggests a ST (Secondary Test). We could presume that a wave up toward the upper liquidity line is most likely underway given these clues. Possible Alternatives If liquidity support fails, the lower micro support trend line would be the next target of retracement, and could potentially print a bullish pattern separation if the price action is descending. This Publish Is Intended For Educational Purposes Only