Litecoin technical analysis: LTC/USD vulnerabilities remain tilted to the downside
|- Litecoin price on Friday is trading in negative territory by 0.80% in the second half of the session.
- LTC/USD has been edging lower for the past four consecutive sessions, as the bear market remains strong.
- Near-term price action is moving within a bearish pennant structure, subject to a breach.
Spot rate: 69.27
Relative change: +3.70%
High: 69.70
Low: 68.460
LTC/USD daily chart
- Price action via the daily chart view is trading within a bearish flag pattern, subject to a potential brekaout south.
LTC/USD 60-minute chart
- LTC/USD via the near-term view is moving within a bearish pennant pattern via the 60-minute.
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