LTCUSD Sell: Loop Analysis

Hello traders!

LTC is moving inside expanding triangle and it is also following a loop where it is breaking the bottom trendline before making New highs.

If we see the previous bottom on 22 Apr, it failed to break the trendline and the same thing happened earlier on 28 Feb where the market failed to break the bottom and LTC was looking strong bullish but it turned down later to break the bottom. In the same way, I am now expecting LTC to break this bottom before making new highs.

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