Ken Chigbo
Independent Analyst
- Litecoin trading with minor losses of just some 0.05% in the second half of Wednesday.
- LTC/USD price action is moving within a bullish flag structure, subject to a breakout.
- A major barrier in the way for the bulls can be seen tracking from $145 - $150 territory, where the price
Spot rate: 136.52
Relative change: +0.65%
High: 138.16
Low: 133.16
LTC/USD 60-minute chart
- Via the 60-minute the bulls have managed to break above a descending trend line, completing a retest also, making room for a continued move north.
LTC/USD daily chart
- Price action moving within a bullish flag structure, subject to a breakout.
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