All eyes on BTC and LTC not seeing the correlation as funds leave to play the bluesky bulls.
4 hour higher lows lost and a significant lack of support on the 4 hour between $382 and $395.
Caution and waiting for oversold conditions on the hourly and 4 hour before looking back to LTC.
We likely need to see BTC top out and begin to pull back for profit to be looking for a new home.
Very little new money is flowing in and as long as 4 hour chart remains in lower highs and lower lows, the bears run the show.
Dont try and go shopping to catch bottom, wait for bulls to prove momentum to us.
4 hour higher lows lost and a significant lack of support on the 4 hour between $382 and $395.
Caution and waiting for oversold conditions on the hourly and 4 hour before looking back to LTC.
We likely need to see BTC top out and begin to pull back for profit to be looking for a new home.
Very little new money is flowing in and as long as 4 hour chart remains in lower highs and lower lows, the bears run the show.
Dont try and go shopping to catch bottom, wait for bulls to prove momentum to us.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social