LTC bulls were tossed around a bit yesterday.
Big bull breakout leading right into a dump due to profit taking for bulls to play BTC all time high.
We have since stabilized, and the bulls have established support overnight.
We have a long drawn out higher low, lower high pattern on the hourly we will be looking for a break sometime by tonight.
The bulls have the advantage due to the trend.
Watching the correlation to BTC if we see another all time high in BTC.
Look for a volume spike accompanying the break this afternoon/evening.
Big bull breakout leading right into a dump due to profit taking for bulls to play BTC all time high.
We have since stabilized, and the bulls have established support overnight.
We have a long drawn out higher low, lower high pattern on the hourly we will be looking for a break sometime by tonight.
The bulls have the advantage due to the trend.
Watching the correlation to BTC if we see another all time high in BTC.
Look for a volume spike accompanying the break this afternoon/evening.
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