LTCUSD Triangle test
Litecoin is testing towards the $90.00 area as the recent breakout in the BTCUSD pair has sent altcoins surging across the board. Technical analysis shows that the LTCUSD pair could target thr $110.00 level if a confirmed breakout above the $90.00 level takes place. To the downside, LTCUSD dip-buyers may be looking to enter into the bullish trend from either the $80.00 or $70.00 area.
The LTCUSD pair is only bullish while trading above the $80.00 level, key resistance is found at the $90.00 and the $110.00 levels.
If the LTCUSD pair trades below the $80.00, sellers may test the $70.00 and $65.00 support levels.