LTC: Breakout Before Altcoin Season

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LTC: Breakout Before Altcoin SeasonLitecoin / U.S. dollarBITSTAMP:LTCUSDFlorinChartsPrice has been moving inside a large 3‑month symmetrical triangle, with lower highs from the 2017 peak and higher lows since the 2018 bottom. The current candle is compressing between the support and resistance trendlines, suggesting a larger move is getting closer. A confirmed breakout above the triangle resistance and the 0.5–0.618 Fib would open the way toward the marked profit zone in the 0.65–0.786 area (~185–255 USD), where previous supply sits. As long as the higher‑low structure holds, the bias remains bullish; a clean weekly/3M close back below the triangle support would invalidate this idea and shift the focus back toward the 40–50 USD zone. Litecoin often behaves as a “mid‑cap beta play” between Bitcoin and smaller alts: when BTC stabilizes and capital starts rotating out along the risk curve, LTC is one of the first large caps to wake up. A strong, high‑timeframe breakout on Litecoin can therefore be an early sign that market participants are ready to take more risk, paving the way for a broader altcoin season.