LTCUSD watching bearish pattern
Litecoin has failed to follow Bitcoin higher and rally to a fresh 2019 trading high, with the popular crypto so far finding resistance from the just below the $145.00 level. The one-hour time frame is showing that bulls need to make a new high as a bearish head and shoulders pattern is in play. Overall, the LTCUSD pair is still extremely bullish while trading above the important $125.00 level.
The LTCUSD pair is only bullish while trading above the $125.00 level, key resistance is found at the $145.00 and $160.00 levels.
If the LTCUSD pair trades below the $125.00 level, key support is found at the $120.00 and $100.00 levels.