LTC had more space before breaking support than BTC due to a stronger bounce as highlighted in the video yesterday.
We are now watching if BTC can change the trend on the 4 hour chart to put the bulls back in control, which would have the daily charts for ETH and LTC looking much better than BTC.
Still patient at this point, but establishing a game plan for two scenarios, BTC breaking $8k or BTC bulls forming a higher low and higher high on the 4 hour chart.
I have been placing orders for both ETH and LTC recently to spread out the bounce a bit.
Bulls want to close here or better to have a long lower wick on the daily, but lots of time still to go.
Last day of consensus and all about BTC and the clear 4 hour downtrend currently in play.
We are now watching if BTC can change the trend on the 4 hour chart to put the bulls back in control, which would have the daily charts for ETH and LTC looking much better than BTC.
Still patient at this point, but establishing a game plan for two scenarios, BTC breaking $8k or BTC bulls forming a higher low and higher high on the 4 hour chart.
I have been placing orders for both ETH and LTC recently to spread out the bounce a bit.
Bulls want to close here or better to have a long lower wick on the daily, but lots of time still to go.
Last day of consensus and all about BTC and the clear 4 hour downtrend currently in play.
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