TheChartGuys

LTC a Bit of a BTC Laggard

COINBASE:LTCUSD   Litecoin / Dollar
The move is very similar and the correlation is certainly strong, but LTC is currently slightly behind BTC             bulls in terms of % before we break to the daily higher high.
Watching for the 4 hour bull MACD cross for follow through back to the recent lower high on the daily.
Bulls ideal morning is holding hourly higher lows to keep the bulls in control.
A break to the higher high on the daily before tomorrow would be very bullish .
Continued tests of daily EMA 12 and 26 resistances, trying to break bullish to start the week.
Currently trading BTC             on this move but constantly watching for one name to show its relative strength .
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