TheChartGuys

LTC yet to hit higher highs

COINBASE:LTCUSD   Litecoin
Laggard this morning with BTC and ETH both seeing continuation and LTC slowing down right at resistance.
There is a lack of resistance on the daily at this level, and the bulls are making their way to the middle of the weekly equilibrium range.
Loss of 4 hour higher lows will indicate daily consolidation is coming.
Personally I have not traded LTC in a while, but there have been plenty of gains there as well.
I find entering LTC is more time consuming and work than BTC and ETH who are more liquid.
Strong correlation to BTC so expect consolidation if we see it in BTC this morning.

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