LTC hourly lower highs
$50 is a must hold or we likely see stop losses trigger.
Bulls need to break the hourly lower high pattern which as of now is $51 the recent bounce attempt top.
Caution of correlations as a strong BTC and ETH did not correlate to LTC strength yesterday.
If BTC sees an all time high it will likely steal some thunder from LTC which is now back over 12% from its own all time high.
No bullish entry if in cash, until lower highs break.
Bulls need to break the hourly lower high pattern which as of now is $51 the recent bounce attempt top.
Caution of correlations as a strong BTC and ETH did not correlate to LTC strength yesterday.
If BTC sees an all time high it will likely steal some thunder from LTC which is now back over 12% from its own all time high.
No bullish entry if in cash, until lower highs break.
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Disclaimer
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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.