The breakout of LTCUSD through the 40.0900 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of LTCUSD to test 41.0110 within the next 14 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 40.0900 numerous times, LTCUSD has finally broken through. Can we expect a bullish trend to follow?
