Possible breakout for LTC?

Around 12:30AM eastern, litecoin finally broke above the range movement it was stuck in for almost 3 days. It has surpassed the Middle moving average on the 1 hour chart and is holding very well. The majority of the steep "bear" like trendlines are behind the current price. At this point we can only watch for the next high to hit somewhere around 124$. But proceed with caution possible bull movement ahead. Remember we are oversold on the RSI. #HODL

Happy Trading!