LTCUSD was identified at around 87.49 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 91.6176 level.
LTCUSD is signaling a possible trend reversal on the intraday charts with price not breaching support.
