Looks like
LTCBTC
is getting stronger as BTC consolidates around 10k and tries to break to new highs.
RSI is in the 50s which acts as support level for the moment. This also means that there is enough room for the price to go up.
Let's if the market keeps the momentum.
Trading is not perfect...
LTCBTC
is getting stronger as BTC consolidates around 10k and tries to break to new highs. RSI is in the 50s which acts as support level for the moment. This also means that there is enough room for the price to go up.
Let's if the market keeps the momentum.
Trading is not perfect...
Comment:
LTC is weakening because BTC is trying to stabilize @ 11K (above the current support level @ 10k). That's why it broke out of the Elliott Wave pattern. Its ascendance is getting hammered by the mighty BTC.