Important price line breached by LTCUSD. This price has been tested numerous times before.

LTCUSD has broken through a line of 54.7700 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 51.4030 can be expected within the next 2 days.