Following BTC down, the hourly chart is seeing continued lower highs and lower lows.
Noting 4 hour RSI is close to oversold but also noting we will likely continue oversold for as long as BTC does.
BTC analysis is essential in combination with LTC if looking for a bullish entry at the bottom of this consolidation.
% gains on the bounce often are more significant compared to BTC.
Looking for a volume climax to signal the bottom for now.
Noting 4 hour RSI is close to oversold but also noting we will likely continue oversold for as long as BTC does.
BTC analysis is essential in combination with LTC if looking for a bullish entry at the bottom of this consolidation.
% gains on the bounce often are more significant compared to BTC.
Looking for a volume climax to signal the bottom for now.
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Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social