TheChartGuys

LTC Still Daily Lower High to Watch

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Keeping overall perspective showing the bulls still have a good bit of work to do to change the daily trend.
Looking for continuation today if the bulls can break to a higher high.
Showing more strength than BTC the last 12 hours following the G20 news breakout yesterday.
BTC still the guide for correlation and must break the top of the bull move for continuation.
While the news is a spark for the bulls to find a temporary bottom, it has done nothing to shift daily momentum on any of the BIG 3 yet.
Currently cash after an ETH flip yesterday and looking for potential entry today as we have clear consolidation supports from last night.
There are very important levels to hold for the bulls today.
Dan would it be valid to anticipate a large daily equilibrium forming, with $100 being the low and now $140 making the higher low? As well as lower highs starting since the 12/23 daily wick (gdax).
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