gr8fultrading

LTCBTC bull pennant

Long
BITFINEX:LTCBTC   Litecoin / Bitcoin
This pair is one of my favorites and appears to be preparing to break out or break down, just below 200MA on the 4hr, as well as major resistance at 0.01934. Looks more bullish than bearish to me, though RSI is neutral. OBV has made a pennant of its own. Let's see what develops.




Comment:
Now falling out of the flag, with bullish divergence on the OBV... while LTC has broken above $165 and BTC is flirting with $9K... all shall be revealed at the next 4hr close

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