Bulls are trying to form a higher low on the 4 hour chart to continue the shift in momentum to bulls.
We are directly correlated to BTC and consistently weaker the last 3 days.
Personally staying away from LTC until this correlation changes.
Bulls need a 4 hour higher low, and 15 min higher lows and higher highs to have confidence that higher low is being set.
Watching BTC for 15 min higher low and higher high to lead the way.
If we lose the low of morning on BTC we will be looking for LTC to head back to recently lows in the lower $200s.
We are directly correlated to BTC and consistently weaker the last 3 days.
Personally staying away from LTC until this correlation changes.
Bulls need a 4 hour higher low, and 15 min higher lows and higher highs to have confidence that higher low is being set.
Watching BTC for 15 min higher low and higher high to lead the way.
If we lose the low of morning on BTC we will be looking for LTC to head back to recently lows in the lower $200s.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.