Litecoin in consolidation phase #btc #ltc #forextrading

After recent drop in all altcoins, Litecoin is forming a symmetrical triangle, $48-$54 area, play the break for continuation of the move, down to $32 if we break to the downside or up to $72 if we break to the upside. We favor the upside break out as the trend in crypto is still strong and any upcoming correction of the bitcoin would fuel the rally in altcoins. Stay tuned!