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Resistance line breached by Live Cattle APRIL 2022. This price has been tested at least twice before.

Live Cattle APRIL 2022 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 144.3818 may materialize within the next 2 days.

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After testing 138.5200 numerous times, LTCAUD is once again approaching this price point. Can we expect a bearish trend to follow?

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