LTC Still Weakest of the BIG 3
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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