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TheChartGuys
Apr 9, 2018 11:17 AM

LTC Daily Equilibrium Intact 

Litecoin / United States DollarCoinbase

Description

LTC Forming a lower high very correlated to BTC remaining in the daily tight pattern as we wait for a break.
Now we patiently wait for the break within the next couple days.
Bears are entering on a loss of the daily higher lows, and bulls are waiting patiently as a bull break on the daily is only step #1
of a long list of requirements for the bulls to regain momentum.
Odds still favor the bears in this setup unless we see significant bull volume on a break of the daily lower highs.
Opportunities will very limited for bulls who are sitting on their hands and patiently waiting for the tide to turn.
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