LTCUSD was identified at around 96.59 having recently rebounded of the support on the 30 Minutes 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 98.8800 level.
Important resistance line being approached by LTCUSD. This price has been tested numerous time in the last 2 days
