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TheChartGuys
Oct 11, 2017 10:35 AM

LTC Low Volume and Tight 

Litecoin / United States DollarCoinbase

Description

We have a double top at resistance the bulls are trying to break to shift momentum in their favor.
This pattern has been drawn out for over a dozen hours, and the volume is almost disappearing while we tighten.
A break is imminent and may give some clues to ETH which is not as close to breaking its own hourly equilibrium.
Daily chart favors bears after the break of $50.25 support.
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