LTC has reached that key support level after months of downtrend, this level is well known for its sharp volatility. I estimate high levels of price movement in the coming 1-2 weeks, If the support line is broken LTC could see some pretty low prices.
On the 1hr, 4hr & daily it looks like a small breakout has already begun, however it is still not significant enough to warrant the next push upside. A week or two of consolidation at these levels could make for a very neat amount of movement.
On the 1hr, 4hr & daily it looks like a small breakout has already begun, however it is still not significant enough to warrant the next push upside. A week or two of consolidation at these levels could make for a very neat amount of movement.