Litecoin technical analysis: LTC/USD bearish flag structure subject to a breakout
|- Litecoin price is trading in the green, with gains of 2.25% the session on Wednesday.
- LTC/USD is consolidating following the harsh selling through the month of November.
- Price action is moving within a bearish flag structure, subject to a potential breakout south.
LTC/USD daily chart
The daily indicates of vulnerabilities still tilting to the downside, in current consolidation.
LTC/USD 60-minute chart
The price is stuck within the confinements of a descending channel structure.
Spot rate: 45.90
Relative change: +2.25%
High: 47.25
Low: 43.86
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