LTC dropped harder than BTC during the sell off, (post halving profit taking didn't help) and it looks to me like it may try to regain some ground.
Volume is incredibly low (even for a weekend), dips bought into quickly and a nice wedge reversal pattern has formed.
RSI on the 4H is showing a broken trend line and gradually higher lows.
I think we may see LTC aim to regain one of the marked fib levels, following a break out. If wider market sentiment picks up with BTC then this could just be a very nice place to simply accumulate.
Volume is incredibly low (even for a weekend), dips bought into quickly and a nice wedge reversal pattern has formed.
RSI on the 4H is showing a broken trend line and gradually higher lows.
I think we may see LTC aim to regain one of the marked fib levels, following a break out. If wider market sentiment picks up with BTC then this could just be a very nice place to simply accumulate.
Yorum:
Looks like BTC running into resistance and LTC also starting to struggle, profit taken here and will wait some clear direction