TheChartGuys

Eyes on LTC this Weekend

COINBASE:LTCUSD   Litecoin
LTC is still seeing healthy consolidation from the breakout. If we continue to hold $50 it will favor the bulls to wake back up and head through the low $50s resistance.
With many rejections in the $52s, getting over these levels will have us looking back to $55 double top.
Still a correlation to BTC when volatility picks up to be aware of though not very strong at this point.
Watching for a daily inside bar to form to play tomorrow.

Checkout our full trading resources online www.chartguys.com

Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.