- Litecoin price is trading in negative territory by +4.95% in the session on Tuesday.
- LTC/USD is moving within a narrowing nature, pennant pattern subject to a breakout.
- The price has been consolidating for going on five sessions now, following a strong bear attack.
LTC/USD 4-hour chart
Danger still looms for LTC/USD as the price moves within the confinements of a bearish pennant structure, via the 4-hour view.
LTC/USD 60-minute chart
Price action has edged out of a bearish flag structure at risk of further downside pressure.
Spot rate: 35.05
Relative change: +4.50%