LTC Breaking the Wedge Path to $150+

Pattern
The price is confined within a falling wedge, gradually narrowing towards the apex.

Current Situation
The price is testing the upper trendline, indicating an attempt at a breakout.

Potential Action
A confirmed breakout will be signaled if a 4-hour candle closes above the trendline.

Target
A breakout from the wedge could drive the price towards $150+, as the wedge's height suggests potential upward movement.

Stop-Loss
Placing a stop-loss below the recent swing low or the wedge's lower boundary can manage downside risk.

This setup suggests waiting for confirmation before entering a long position to capitalize on the expected bullish momentum.