GOOD MORNING STEEMIT!
I talk a lot of Bitcoin, but not enough Litecoin. I need to change this and today is the day. I’m on a bit of struggle street with 1,000,000 things hitting me at once and now the fucking flu. But as we know, the show must go on.
Let’s do this shit.
It’s always the same thing when it comes to my market analysis and as such, we start with the higher time frame chart and go from there. Bring up your Litecoin daily chart and we’ll go from there.
LTC/USD Daily
As we’ve spoken about the last time we compared Bitcoin and Litecoin, Litecoin has been massively bullish as of late. Highlighted by the fact that Litecoin hasn’t broken out of the daily trend line resistance, while Bitcoin hasn’t.
LTC/USD Hourly
Now zoom into an intraday chart and get keen. Look at that JUICY triangle that is just busting to break out and continue higher!
With that horizontal previous resistance level holding as support below it and not even being tested, it’s an exciting prospect.
Best of probabilities to you.
Peace ✌🏻.
Please leave a comment with your ideas or just share a chart.
Blogging about markets is all about sharing ideas and making us see all possible angles. I look forward to having you follow along and reading what you throw at me.
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