The breakout of LTCUSD through the 108.2900 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, LTCUSD could test 104.2410 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 108.2900 numerous times, LTCUSD has finally broken through. Can we expect a bearish trend to follow?
