Litecoin price is trading in the red in the session by some 4.75%. LTC/USD bears are breaking out to the downside from a bearish flag structure. Given the above-noted breakout via the daily, the psychological $50 mark is likely in the sights of the bears. LTC/USD daily chart The current daily candlestick is being driven by the bears, smashing out from a bearish flag pattern. LTC/USD 60-minute chart Price action has smashed out from a bearish pennant structure, seeing a wave of selling pressure. Spot rate: 52.04 Relative change: -4.15% High: 59.49 Low: 55.37 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Wilshire Phoenix and NYSE Arca’s Bitcoin ETF proposal decision has been delayed FX Street 4 years Litecoin price is trading in the red in the session by some 4.75%. LTC/USD bears are breaking out to the downside from a bearish flag structure. Given the above-noted breakout via the daily, the psychological $50 mark is likely in the sights of the bears. LTC/USD daily chart The current daily candlestick is being driven by the bears, smashing out from a bearish flag pattern. LTC/USD 60-minute chart Price action has smashed out from a bearish pennant structure, seeing a wave of selling pressure. Spot rate: … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.