LTC/USD completing a breakout and retest of bullish structure

Litecoin price on Thursday trading down with losses of some 1.15% in the latter part of the session.

LTC/USD price action Iis currently retesting a breached bullish flag/pennant structure.

Should the upper part of the flag/pennant hold its course, then further buying pressure may be in store for Litecoin.

Spot rate: 60.94

Reference: https://www.investing.com/news/cryptocurrency-news/litecoin-technical-analysis-ltcusd-completing-a-breakout-and-retest-of-bullish-structure-1821257

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Author: Neo Anderson

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