Being that it's correlated with bitcoin
,LTC will have its breakouts timed with BTC
breakouts. But I don't expect big moves until BTC
breaks out of it's triangle. (See my other chart explaining this.) I have not seen any other posts regarding a symmetrical triangle (Maybe, because I am totally wrong). But this is what I see on the 1D chart ... I would say this is overall bearish
, since BTC
still, despite the fact that LTC had a good break out. Overall sideways until BTC
can start trending up and past 12K psychological. I am hoping and expecting an increase in interest by mid summer of epic proportion. Some news to drive interest way up.