LTC is fitting within a 4 hour higher low, lower high pattern the last couple days.
We started recognizing this pattern forming when the bounce yesterday morning was unable to head to higher highs as we saw Bitcoin do.
We will be looking for morning consolidation to stay within this pattern, and looking for a clear break tonight.
Waiting patiently for the break if not in a position.
The other potential entry is on the higher low we will anticipate to form, using the previous higher low as support that must hold to stay in the pattern.
A break of the 4 hour higher lows is an exit for bulls if it occurs.
We started recognizing this pattern forming when the bounce yesterday morning was unable to head to higher highs as we saw Bitcoin do.
We will be looking for morning consolidation to stay within this pattern, and looking for a clear break tonight.
Waiting patiently for the break if not in a position.
The other potential entry is on the higher low we will anticipate to form, using the previous higher low as support that must hold to stay in the pattern.
A break of the 4 hour higher lows is an exit for bulls if it occurs.
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