Aerot

LTCCNY 4H Count (cont. update)

OKCOIN:LTCCNY   Litecoin / Chinese Yuan
As prices have achieved new highs we have the grounds to declare a possible intermediate top.
Divergences continue on RSI and EWO - note the clear divs between 3 of (3) and 5 of (3), and again between (3) of 3 circle and (5) of 3 circle.
Change in direction of volume adds evidence to intermediate top as we see volume increase through (3) and steadily decline as price made new highs during (5).

Price action has been quite volatile lately; it is still possible prices continue sticky up to push higher in which case this count would need to be re-evaluated.
For now, we continue to watch for price breakdown for a intermediate correction.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out