TheChartGuys

LTC 4 hour chart sideways

COINBASE:LTCUSD   Litecoin
Daily chart has two daily inside bars in a row at the moment, showing just how tight this 4 hour chart is.
Looking for a break in this tight range today, as we look for BTC correlation to lead the way.
Bulls have slowed down their positive correlation with BTC and ETH has picked it back up a bit.
Daily EMA resistance continues to grind while BTC and ETH have yet to seriously test these EMA resistances.
Pattern the last few days is bulls find a low overnight with bullish action leading into the morning in the US.
Patience while this pattern plays out.

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