We did break out of the channel. However, we did not enter a downtrend on the 1 hour chart. There was still clear support on the 55 . On the one hour chart, the was incredibly overbought. It was expected to have some sort of correction with numbers like that. However - we can see that we bounced off the 38 - keeping us in territory. This is great news!
Definitely keep an eye on LTC for potential breakouts. Watch out for , , and of course the price!