With BTC slightly reversing from the support of the pennant, it might be the time to look at some swing-trading opportunities. Yesterday's BTC analysis for reference:
For the near term, I'm expecting LTC to follow this pattern. Obviously, if BTC drops a bunch LTC will follow, so always keep a close eye on BTC when trading (major) alts.
Happy trading!
Catatan
LTC seems to be falling back to the triangle support as BTC keeps bleeding. Might bounce off the triangle support, depending on BTC price action. Keeping an eye out.
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