Hourly inside bars to watch for LTC this morning.
The hourly chart has tightened overnight and will see a clear break within the next few hours.
This break will indicate momentum for the rest of the day.
We will either be looking towards hourly oversold RSI levels if we drop to lower lows, or we will look for a break of the top of this bounce for some bullish continuation.
We cannot ignore the bear volume of the big 3 yesterday during this dump.
It was a volume climax at the top of the move and we are not patient and understanding the shift in momentum requires a shift in our trading.
Always watching BTC for correlation clues.
The hourly chart has tightened overnight and will see a clear break within the next few hours.
This break will indicate momentum for the rest of the day.
We will either be looking towards hourly oversold RSI levels if we drop to lower lows, or we will look for a break of the top of this bounce for some bullish continuation.
We cannot ignore the bear volume of the big 3 yesterday during this dump.
It was a volume climax at the top of the move and we are not patient and understanding the shift in momentum requires a shift in our trading.
Always watching BTC for correlation clues.
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
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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。