TheChartGuys

LTC Slowing down Vs. Bitcoin

COINBASE:LTCUSD   莱特币/美元
Bulls have been enjoying a favorable correlation to BTC             the last few days, and it is slowing down as BTC             bulls are much closer to a 4 hour higher high.
This is worth noting as it may lead to playing ETH or BTC             bullish in the near term after trading LTC the last few days.
BTC             will break to a 4 hour higher high long before LTC does, as LTC battles daily EMA resistance.
Loss of the 4 hour higher low pattern is a red flag for bulls that we will be heading back down to the low $100s again.
BTC             is still the main chart to watch for entries/exits and applying that info to other names if trading them.
Dont forget ETHBTC and LTCBTC             charts to see how strength is comparatively.
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