H&S ON $LTC & BEAR FLAG ON $BTC
LTC/USD COINBASE:LTCUSD
$LTC has formed a H&S pattern in the daily time frame while $BTC is in a bear flag near support line bounced a little bit up. Fed will raise interest rate starting from May which is a very bearish sign for the stock market! Nasdaq is positively correlated with Bitcoin .
In a nutshell, cryptocurrency market depends totally on the US stock market.
For this $LTC scenario to play out we need this $BTC move:
