Just a quick chart to see where next possible resistance levels lie within LTC/USD.
Two red lines indicate next 'channel' that we need to break past. The black line indicates where just broke through. Could we drop back down below that area again?...Of course we can. However, I like the fact that Litecoin did however break through those levels. Will we see a pullback? We will just have to wait and see. . .
'Channel' meaning support and resistance levels.
We must first get IN that channel to break past it.