Very similar to BTC positioning, we are testing the highs of the bounce this morning.
A break is bullish and we will look to daily continuation and a test of EMA resistances.
A rejection and we will watch a 4 hour equilibrium form for the rest of the day.
ETH becoming a bit more favorable than LTC to the BTC correlation overnight.
Climax indicator last night nailed the 15 min low of consolidation in the alert system,
which so far has returned results better than we could have expected.
Eyes on BTC for clues as always.
A break is bullish and we will look to daily continuation and a test of EMA resistances.
A rejection and we will watch a 4 hour equilibrium form for the rest of the day.
ETH becoming a bit more favorable than LTC to the BTC correlation overnight.
Climax indicator last night nailed the 15 min low of consolidation in the alert system,
which so far has returned results better than we could have expected.
Eyes on BTC for clues as always.
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