Our strength and momentum indicators are getting the much needed break they wanted for a stable price. I do expect a bit more of a drop before we continue but nothing crazy showing as of now.
LESSON: Momentum and strength indicators can be at the ceiling (topped out) and a price can continue to rise if the levels show no divergences, look at BTC or in the case LTC's rise on price but topped out and . showed the price continuance at $230 but began to reveal the divergence in buy pressure shortly after and making it clear around $300-330 ( and showed weakness too even thought the price continued up from the FOMO. Predictable 100%.
Next time someone says "Oh the is capped or the or such and such is capped we are going down", take a look at the indicators like a wise day trader does. ;)
Twitter: Crypto_Core 🏆