Litecoin (LTCUSD) 1 hour timeframe chart is shown in this analysis from September 1, 2018 to present date. The most recent chart pattern for Litecoin is a bullish price channel indicated by green lines.
Price action testing resistance around $66 is likely and a break above resistance should see the price of Litecoin continue to the upside, with the width of the channel providing a reliable target for the breakout.
Price action returning to test the bottom of the channel and/or breakout below is likely should supply overwhelm demand at the top of the channel.
Price action testing resistance around $66 is likely and a break above resistance should see the price of Litecoin continue to the upside, with the width of the channel providing a reliable target for the breakout.
Price action returning to test the bottom of the channel and/or breakout below is likely should supply overwhelm demand at the top of the channel.
