Litecoin has formed a falling wedge on the 60-minute and 4-hour charts. If it breaks out in the next few hours the target will be around 54.50.
Given that Bitcoin is in somewhat precarious position it would be best not to pre-empt this but wait for a break and signs of bullish price action in Bitcoin.
Given that Bitcoin is in somewhat precarious position it would be best not to pre-empt this but wait for a break and signs of bullish price action in Bitcoin.