After testing 0.0046 numerous times, LTCBTC has finally broken through. Can we expect a bearish trend to follow?

The breakout of LTCBTC through the 0.0046 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of LTCBTC to test 0.0045 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.