Taking this, LTC/USD has up to $ 160, this chart of pattern has a span of $ 25 pips in height, resulting in breakout can be of the same size. The construction cost of double bottom on its 1 hour chart has not been tested yet.
Its break before the neckline in $ 135 is to confirm the potential uptrend. In its recent attempts to break it down from support at $ 110 LTCUSD has failed. It seems that an uphill crossover should be attempted to reflect on the pressure under increasing pressure. This 100 SMA is so far below 200 SMA.
This RSI is also making its way down so LTCUSD can follow the suit. Although Stochastic has shown that it is the upper hand of the vendors In that case the price can still make a concise pullback or another trial of support at $ 110.