Cabana Capitals Blog Technical Analysis Should we expect a breakout or a rebound on LTCUSD?

Should we expect a breakout or a rebound on LTCUSD?

Should we expect a breakout or a rebound on LTCUSD? post thumbnail image

LTCUSD is moving towards a key resistance level at 80.5300. LTCUSD has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Target: 80.53 Entry: 79.73 Stop: 78.2806

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