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TheChartGuys
Apr 4, 2018 11:17 AM

LTC Best Chance of the 3 for a Daily Higher Low  

Litecoin / United States DollarCoinbase

Description

LTC has the best chance for a daily higher low because it ran the hardest,
and has the most room to consolidate before breaking important support levels.
The daily EMA resistance has rejected the price and we will need to see the hourly chart regain a bull trend as the first sign that a daily higher low is potentially forming.

The bulls are 1 step ahead of ETH and BTC already having a daily higher low to work with.
If the first support listed breaks, there will be no 4 hour supports left for the bulls to hold.
We still have to remain skeptical of bulls and make them PROVE IT with volume and a trend change on the daily.
Bulls remain picky and patient until then.
Comments
stevehoos
Thanks for these, just states the facts about what is happening, no grandiose predictions.
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