Litecoin technical analysis: LTC/USD bullish pennant subject to a breakout

FX Street

Published date: 21 Jun. 2019 | 19:22

Litecoin price on Friday is trading in positive territory, up some 1.8%.
LTC/USD price action is moving within bullish pennant pattern, subject to a breakout.
Conditions have been narrowing greatly over the last ten sessions.

Spot rate: 137.93

Relative change: 1.90%

High: 141.76

Low: 135.47

LTC/USD 60-minute chart

Price action is moving within an ascending channel via the 60-minute chart view.

LTC/USD daily chart

Bullish pennant structure remains subject to a potential breakout from the bulls.

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