Litecoin technical analysis: LTC/USD is subject to stronger bearish attack
- Litecoin price in the second half of the day on Wednesday is trading in the red down around 2.70%.
- LTC/USD bears are testing a pennant structure to the downside, support observed around $90.
- Should the bears force a breach to the downside of the noted support, then it could open a fresh strong wave of selling pressure.

Author

Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.




