XMR/BTC is looking ready for more correction after huge bull run starting in beginning of November.
Reasons why I am short:
We are only 1-2 weeks into a reversal that is following 4 month bull run.
Recent all time high
1D shows price sliced through ichimoku cloud, which is almost always an excellent sign of trend reversal
Low RSI
Broke 200D EMA
1W chart looks...
I am anticipating that as long as BTC remains bearish, so will LTC.
Reasons why I am short:
1 day chart shows price entering ichimoku cloud
Price is hugging 200 day EMA
Recent All time highs
Next supports:
Bottom of ichimoku cloud
0.018 BTC
0.014 BTC
Sorry no arrows, you can draw them. This is just my opinion do your own research before you trade