TheChartGuys

LTC Many Hourly Inside Bars

COINBASE:LTCUSD   Litecoin
Tightest equilibrium pattern of the big 3, and it will be the first to break.
Watch for potential clues for BTC and ETH as well.
Bull break will see an hourly MACD cross with it, if it occurs.
Correlation to BTC led to the dump yesterday when BCH was added to GDAX.
Bulls bought the dip in a significant way, and now we patiently wait for a break in this pattern to see if the bulls can pull off a complete recovery.
I will likely be playing LTC over the other names due to the clarity of the hourly inside bars, and clarity of the break approaching.
Reminder to always have a game plan to not act wildly and emotionally when in the heat of the moment.
Having cash on the sidelines allows us to capitalize on these opportunities.

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