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Litecoin Technical Analysis: LTC/USD bullish technical structure looking promising

  • Litecoin price late in the session on Thursday is trading with minor gains of some 0.50%.  
  • LTC/USD price action via the daily chart view has edged out from a bull flag, subject to further potential moves north.    
  • Bulls are still gunning for the next major barrier eyed up at the psychological $100 mark.  

Spot rate:                  74.06

Relative change:      +0.50%

High:                         75.07

Low:                          73.36

 

 

LTC/USD 60-minute chart

  • A near-term bullish pennant pattern is eyed via the 60-minute, subject to a breakout higher.

LTC/USD daily chart

  • Price action has edged out of a bullish flag pattern, eyes on further potential strides north.  

 

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