BTC and LTC are being driven down by EMA 12 hourly resistance, and we will have to see a higher low and higher high for the bulls to have any hope of shifting momentum and forming a lower wick on the daily candle.
Daily chart has pulled back more than 50% from the high of the bounce, same as BTC.
We are back to the game of looking for a trend change on the hourly... then looking for the same thing on the 4 hour.
The more we consolidate, the greater the odds we see a daily EQ rather than the potential for continuation right away (with the daily bounce).
Daily chart has pulled back more than 50% from the high of the bounce, same as BTC.
We are back to the game of looking for a trend change on the hourly... then looking for the same thing on the 4 hour.
The more we consolidate, the greater the odds we see a daily EQ rather than the potential for continuation right away (with the daily bounce).
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