Hello everyone
Litecoin has not been able to break the $ 57 level for a long time. Within two days I think we can expect a third-time approach to this level in the last 3 weeks. What's more, in my opinion, one of my favorite "mug with ear" formations is being formed. Once you reach this level you should pay attention to the volume. So far is relatively low. I think litecoin now has a good chance of breaking out of this level considering the bitcoin increases. Bitcoin can bring Litecoin behind.
Applying on a one-day chart Trend-Based Fib Extension you see that the liteoin reaches level 0.5. I hope this will be a chance to break the 57$ line.