After testing support twice in the past, LTCAUD has finally broken through. Can we expect a bearish trend to follow?

The breakout of LTCAUD through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of LTCAUD to test 82.8802 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.