@cbarkly, Yes I agree it has broken support but also bounced off falling wedge so hoping this a "bull wick" and we retrace from here anything yes will be bearish!
powr
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looks good. if btc however goes on another run we could see this formation go to shit, our trendline could also break. keep your eyes peeled
zippy1day
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@powr, @zippy1day, Your right of course if you believe btc still coupled at the hip, I am hoping this will be broken as all alts start to rise out of phase with bitcoin?
RevillezaLex
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Sorry, I'm a noob. Does your graph suggest that LTC will probably hit low below 0.010200?
zippy1day
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@RevillezaLex, If which I believe it could be an "Ascending Right Triangle" then this is a bullish pattern and so that target which I do not recognise is unlikely but not impossible!
OUTSIDE triangle now./