Inverse correlation to BTC last night, capturing the attention of the bulls.
Both ETH and LTC are seeing lower highs and lower lows in consolidation mode.
Not looking for any entries unless we see oversold dumps on the hourly.
The bulls need to set an hourly higher low and higher high for the bulls to be confident in a momentum shift.
Weekly equilibrium pattern still intact for the foreseeable future.
More resistance on the daily chart than ETH currently, which is another factor when comparing the two, who have been correlated for days.
Both ETH and LTC are seeing lower highs and lower lows in consolidation mode.
Not looking for any entries unless we see oversold dumps on the hourly.
The bulls need to set an hourly higher low and higher high for the bulls to be confident in a momentum shift.
Weekly equilibrium pattern still intact for the foreseeable future.
More resistance on the daily chart than ETH currently, which is another factor when comparing the two, who have been correlated for days.
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