LTCUSD: Triangle within a Falling Wedge. The bottom is lower.

As many alts, the Litecoin is trading on a 5H Triangle (Williams = -50.825, Highs/Lows = 0.0000) but within a 1D Falling Wedge (RSI = 42.258, MACD = -1.002, Highs/Lows = -0.9614, B/BP = -3.5500). This indicates that the bottom of this bear cycle hasn't been priced yet and is most likely within 40.285 and 33.195 (Sept 15, 2017 contact point). Only a break above the 69.453 can be considered as a trend change (bullish).





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