Litecoin  Technical Analysis: LTC/USD bears force a breakout of triangular structure

• Litecoin price on Thursday is trading in negative territory, nursing losses of around 2%.  
• LTC/USD has broken out and retested a triangular structure, as bears maintain control at present.  
• Next major demand zone for comfort eyed down at $70-65 price range.  

Spot rate:                   0.2986

Relative change:       -1.70%

High:                          76.57

Low:                           73.33

LTC/USD 60-minute chart

• LTC/USD via the 60-minute breached and has retested a triangular structure formation to the downside.

LTC/USD daily chart

• Price action via the daily has been falling for the past seven consecutive sessions.