Litecoin (LTC) has formed a new Bullish
Ascending Price Channel
on 15 minute and 5 minute candles. Support is moving up and LTC is revisiting some key resistance areas from this afternoon and yesterday. Remember the market likes to go where it already has been. Crypto's are very strong right now both ETH and BTC
. Look to segwit completion, coinbase adoption, and lightning network implementation as catalysts for LTC price action. Ive put in some key resistance levels that im looking to see retested.