Use BTC as your guide, looking for a potential $9k support flush to mark the bottom this morning.
I personally will be playing ETH or BTC on the bounce as LTC has not been a lead bull in a long time.
Expecting daily consolidation for at least a few days and looking at the potential that this is our weekly lower high to continue to tighten in the equilibrium.
For those looking for a longer term re-entry, there is no rush and signal #1 would be a trend change on the hourly back to higher lows and higher highs.
Patience on this bounce this morning, BTC double bottom and 5 min lower highs to be watching.
Scaling in and keeping cash to remain protective. Lock in profit on the way up of the bounce to not be greedy.
I personally will be playing ETH or BTC on the bounce as LTC has not been a lead bull in a long time.
Expecting daily consolidation for at least a few days and looking at the potential that this is our weekly lower high to continue to tighten in the equilibrium.
For those looking for a longer term re-entry, there is no rush and signal #1 would be a trend change on the hourly back to higher lows and higher highs.
Patience on this bounce this morning, BTC double bottom and 5 min lower highs to be watching.
Scaling in and keeping cash to remain protective. Lock in profit on the way up of the bounce to not be greedy.
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