Litecoin Massive Cup & Handle Formation Breaks Bullish

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Litecoin / TetherUS (BINANCE:LTCUSDT)

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BINANCE:LTCUSDT Litecoin / TetherUS

trendanalysis chartpattern indicator litecoin ltcusd ltcusdt

Litecoin the laggard in the crypto run up is finally showing some strenght. The massive cup and handle formation on the weekly timeframe broke bullish smashing previous highs. One of the few top tier coins that has yet made ATH set in 2018. Is this finially Litecoin's time to shine? Hmmm

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I'd forget the pattern for now until Bitcoin decides it's direction. Bitcoin and broader market has the spotlight. I am leaning bearish.

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