TheChartGuys

LTC Hourly Descending Triangle Bull Break

COINBASE:LTCUSD   Litecoin
LTC bulls still strong, looking for an hourly bull MACD after this bull break.
Clearly stronger than BTC this morning but not independent of the correlation.
LTC bulls will not be very comfortable until BTC is forming higher lows and higher highs on the hourly.
Personally in a partial position as long as $211 holds to give the bulls a chance for continuation.
All time frames are healthy for the bulls, just depends if BTC is going to ruin or help the bull setup.
Looking for the 15 min higher low to form after the morning breakout.

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