LTC/USD: Consolidation = Positive Long Term Trend

we've been in consolidation for 1.5 months and i think its going to setup for a great trade in the long run. we haven't consolidated in a while so its a great time to build a strong base/support. if we breakdown below $70, then we'll have to revisit the charts (imo, $50 seems like the most obvious level). welcome any thoughts.