TheChartGuys

LTC Biggest Dump from the Top

BITFINEX:LTCUSD   Litecoin
LTC, who has been the laggard of the big 3 most of this move, has now led the pullback as well.
This is the most significant dump and spike in bear volume of the BIG 3, and certainly has put the top in for today.
Even if BTC and ETH were to break the hourly equilibrium potential setups bullish (which I do not expect),
LTC would still not head to higher highs for a while playing catch up.
Looking for a 4 hour lower high to be set and for the current consolidation low to be tested some time into tonight.
Currently back to all cash as a bull and very patient for the next clear trade to come to me.

Checkout our full trading resources online www.chartguys.com

Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.