TheChartGuys

LTC 4 Hour Higher Lows Clear

BITFINEX:LTCUSD   Litecoin
LTC still forming clear 4 hour higher lows after the high volume pull back candlestick.
Lose these higher lows and we will be looking for daily consolidation.
ETH bulls continue to higher highs, BTC bulls continue to top out at $9,000, and LTC continues to lag behind slightly.
PAtiently waiting for BTC to give us a direction today for the short term. Either continuation or loss of 4 hour higher lows.
The current setups are most clear on this time frame, and can help keep us patient rather than zooming in too much to the shorter term time frames and feeling signals are significant when in reality that is not the case for the bigger picture.

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