The correlation to BTC remains strong so we must always be watching, but there is potential that like ETH, LTC will break the daily lower high before BTC does. If this occurs we will look for LTC to play catchup from being the laggard for so long recently.
IWe are watching a potential head and shoulders on the hourly for both BTC and LTC and if they confirm we know our new key resistance and lower high to be watching is set.
I am keeping a closer eye than normal on LTC for this potential break before BTC and currently grabbed a very small starter position a few hours ago in case the bulls ran while sleeping. Still 90% cash and waiting for the longer term breaks.
IWe are watching a potential head and shoulders on the hourly for both BTC and LTC and if they confirm we know our new key resistance and lower high to be watching is set.
I am keeping a closer eye than normal on LTC for this potential break before BTC and currently grabbed a very small starter position a few hours ago in case the bulls ran while sleeping. Still 90% cash and waiting for the longer term breaks.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.