Litecoin Technical Analysis: LTC/USD bears failed to go in for the kill

• Litecoin price into the second half of the session on Friday was holding decent gains of some 1.60%.  
• LTC/USD bulls to extend run higher after a strong breakout to the upside from a range-block formation.  
• Chunky sellers continue to be a problem for LTC progression within the $60 region.  

Spot rate:                  59.77

Relative change:       +1.60%

High:                         59.78

Low:                          59.55

Trend:                        Bullish

LTC/USD 60-minute chart

• The bulls are attempting again to breakdown the supply within the early $60 price region.  

LTC/USD daily chart

• Bullish flag pattern is still eyed via the daily time frame, subject to a breakout to the north.