Bitcoin is inversely correlated to the USDT/USD pair on Kraken
Bitcoin horizontal support appears to exist at 7800 which is where we bounced during the Tether print. Bitcoin is below 200 SMA which provides a good risk/reward for bulls.
Somewhat of a head and shoulders. The lines were drawn weeks ago, the horizontal was just added. The lines have held almost perfectly. A break above ~274 would be Bullish.
Horizontals are holding well. Fundamentally, LTC has been under the radar for most of 2018 and is very out of favor. Litecoin aka Litetrash. But you want to buy names that are out of favor. Long $LTC