LTCUSD

Holding up to its up trend even in the bear market.

QUICK SNAPSHOT :

Age                   6yrs 5mos
Marketcap (current)   $10.5B
Price (USD)           $188.26
Price (BTC)           0.0196฿
24hr Change (%)       +5.38%
24hr Trade Volume     $671.69M
All Time High         $375.29
All Time High Date    2017-12-19
% down from ATH       49.84%


LITECOIN ROI:

1 week    -10%
1 month   25%
3 months  8%
1 year    4,526%
3 years   10,547%

TECHNICAL ANALYSIS

On the 1hour time frame, LTCUSD chart started forming a pattern called INVERTED HEAD AND SHOULDERS, which started on the 10th of March 2018.

As it gradually get completed, the measured move up tend to be held down by the NECKLINE of this pattern.

Finally a pull back and consolidation at the 0.786fib retracement level is and waiting to break the neckline to make a new high..

TECHNICAL suggests that price should consolidate little more around 193usd to 185usd before breaking out.

Potential targets if broken out are green and yellow lines.