Watching the LTC action and comparing it to BTC and ETH, we have 3, 4 hour candles since the breakout, and LTC is the only one without continuation to higher highs on the current forming candle.
The being said by looking at the LTC/BTC chart we can see the bulls have played a bit of catch up on the % gains with this current breakout.
Note that there is the potential to pull back the hardest and fastest, like we saw after the previous top was hit, pulling back $13 in 1 candle on the 4 hour chart.
Bulls in control as long as 4 hour higher lows remain. Risk to reward does not favor bulls at these levels.
The being said by looking at the LTC/BTC chart we can see the bulls have played a bit of catch up on the % gains with this current breakout.
Note that there is the potential to pull back the hardest and fastest, like we saw after the previous top was hit, pulling back $13 in 1 candle on the 4 hour chart.
Bulls in control as long as 4 hour higher lows remain. Risk to reward does not favor bulls at these levels.
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Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。