Litecoin technical analysis: LTC/USD bullish flag breakout

• Litecoin price on Monday is holding big gains of over 10% in the latter part of the session.  
• LTC/USD bulls extended to the upside, breaking out from a bullish flag structure.  
• The price is now trading at the highest level seen since June 2018.  

Spot rate:                  126.78

Relative change:       +10.70%

High:                         129.42

Low:                          112.68

LTC/USD 60-minute chart

• The 60-minute chart view has smashed out from a narrowing range-block formation.  

LTC/USD daily chart

• Price action via the daily chart view has extended to the upside, breaking out from a flag formation.