RSI looks in good shape for another leg up in LTCBTC.
If Bitcoin continues its decline, then we can see some good gains on this pair.
It reached bottom of channel yesterday, and has bounced off here too, similar RSI pattern indicates elevation.
Overlaying the ichimoku cloud also indicates a breakout on the 6h.
Careful with any reverse with Bitcoin as could send this downward more.
Long term is a decline, but in the next few days we can expect a rise from here I think.
If Bitcoin continues its decline, then we can see some good gains on this pair.
It reached bottom of channel yesterday, and has bounced off here too, similar RSI pattern indicates elevation.
Overlaying the ichimoku cloud also indicates a breakout on the 6h.
Careful with any reverse with Bitcoin as could send this downward more.
Long term is a decline, but in the next few days we can expect a rise from here I think.