TheChartGuys

LTC Daily Needs Higher Lows and Higher Highs

COINBASE:LTCUSD   Litecoin / U.S. Dollar
4 Hour chart shifted for the bulls and began forming higher lows and higher highs.
Bulls now need to see this on the daily as well, with a bull MACD cross to indicate the shift in daily momentum back to bulls.
4 Hour chart still maintaining higher lows for bulls and looking to establish a new support level this morning.
Daily inside bar is forming with a ways to go before it closes tonight, but we will certainly be watching it Thursday if it holds.
Correlations to ETH and BTC constantly shifting, so important to compare charts to these other names.
ETH stealing attention at all time highs, but still bullish opportunity in LTC.
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