Breakout

This post is just to show that LTC has been able to breakout of its current downtrend on the 4H chart. Price seems to have retested the trend line successfully, but to confirm we need a few more candles to confirm. Technically speaking, this is a breakout, realistically, it could also be a fake breakout. As I mentioned, the next 5-10 candles are going to be crucial to say if this really is a successful breakout.