SwallowPremium

LTC/USDT might move out from pattern!

BINANCE:LTCUSDT   Litecoin / TetherUS
Hey, traders

First pair that we will be looking for upcoming week will be LTC/USDT. As we can see on 4hr chart there has been forming a nice triangle formation where price has reached the lower line of that pattern. In logical way we see that there was a bounce and we should move towards upper zone BUT due to the state of current market this might be a fakeout and we might actually breakdown from this formation! We will be waiting for confirmation of bearish movement and once we are confident enter that trade as well

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