LTC is currently trading within a channel on the hourly that is hard to feel good about as a bull.
I am still patient and waiting for a trade to come to me and it is not happening here.
I will be looking for a BTC flush of $8k or a clear break of resistance before looking for a trade.
This is a good time to establish a game plan for both scenarios of direction, as well as to studying up and learn some things.
The ranking is currently ETH, LTC, BTC in terms of strength for bulls, but still tied to the action of BTC of course.
Watching 4 hour EMA 12 and 26 for a bull cross which has not happened in some time.
I am still patient and waiting for a trade to come to me and it is not happening here.
I will be looking for a BTC flush of $8k or a clear break of resistance before looking for a trade.
This is a good time to establish a game plan for both scenarios of direction, as well as to studying up and learn some things.
The ranking is currently ETH, LTC, BTC in terms of strength for bulls, but still tied to the action of BTC of course.
Watching 4 hour EMA 12 and 26 for a bull cross which has not happened in some time.
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