SwissTradingSchool

LTCUSD, Litecoin - US Dollar: Breakout on Falling Wedge

Long
COINBASE:LTCUSD   Litecoin
LTCUSD
Breakout on the falling wedge formed in the Litecoin - US Dollar cross.
The simple breakout does not give us a high statistic on this pattern, and moreover we are not bullish on this cryptocurrency, since we consider it a copy of Bitcoin.
However we analyze the movement of the asset, as we always do.
Are you Bullish or Bearish on LTC?

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