You can make a case that this is the 4th time LTC has touched the breakout point in the triangle, it's due to bust out..... maybe... but where is it? It should have happened already. If LTC doesn't pop out of this triangle soon, It's most likely going lower.
I guess if you had to make a case for LTC and say that in the recent downtrend, it never had a death cross (200 DMA crossing below the 50 DMA). You could possibly show that LTC did hold up better during phases in the past. I agree that many times LTC does display when the overall crypto markets get in trouble.
Bottom line, needs to bust out of this ... like BTC and many other cryptos have done. LTC is late to the crypto rally and has the weakest chart out of the top tier cryptos.
What do you think? Please let me know below?