BitcoinBreakfast

LTC- More bearish than bullish here

Long
BINANCE:LTCBTC   Litecoin / Bitcoin
LTCBTC fails to show any signs of strength on the lower timeframe. Unless it shows bullish market structure, I think LTCBTC will retrace back to the lower demand zones.
Subsequently, we can use the LTCUSD chart as a proxy to determine which demand zone we can buy as there is a very clear structure on LTCUSD that is key for more longs.

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