After testing 58.0500 numerous times, LTCCAD is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of LTCCAD towards 58.0500 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 21 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.