The price at the current level is sitting just on the 30 day and at the 0.5 Fib retracement level of the last bull run, on the lower of the triangle. It can also be seen the wave count a-b-c-d which points to the e point (breakdown) happening at a lower level, towards the down side. The indicators are all going down ( and ) but what is most important when it comes to analyzing those triangles is the . Since the triangle formed at the top of a long term up trend, the at the tip of the triangle is the most important "clue" about what is about to happen. If we have very strong (higher than at the beginning and the middle) then most likely the triangle is a continuation one and the price will break towards the upside. However, if the is low and constantly decreasing throughout the formation of the triangle, it indicates a reversal triangle and the price is most likely about to fall, for a further correction.
Levels to watch are $308 (0.23 Fib level) for an upside breakout or $150 (0.78 Fib level) for a downside breakout.
Of course anything can happen and any FUD / hype news affecting the BTC will impact the other crypto-coins (LTC included) however this is what the present chart is telling me. As always, this is not a trading advise but just my personal "reading" of the charts.
Good luck all and enjoy trading !