Litecoin price analysis: LTC/USD hangs above $58.00 as bears sharpen their claws

Litecoin has formed a triangle pattern on the 4-hour chart pending a breakout. LTC/USD is poised for retracement above $60.00 after consolidation. Litecoin is a sitting duck risk being preyed upon by the bears who are hungry for blood following the widespread consolidation for more than a week now. In fact, the bulls have maintained …

Source : https://forextv.com/forex-analysis/litecoin-price-analysis-ltc-usd-hangs-above-58-00-as-bears-sharpen-their-claws/

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