LTC 4 hour RSI similar to BTC as we approach historic bounce levels in the low 20s.
Watching for the potential of another flush down and climax to signal the bottom being in for the morning.
When the bounce does begin playing out, we will need to be cautious of a potential 4 hour bear flag if RSI cools off.
This has been a tricky trade that requires a lot of patience and maneuvering.
I am personally playing ETH on this bounce, though LTC gains will likely be greater than BTC so others choosing LTC is a bad idea.
I will explain my trade maneuvering and positions in depth in a mid day video today.
Watching for the potential of another flush down and climax to signal the bottom being in for the morning.
When the bounce does begin playing out, we will need to be cautious of a potential 4 hour bear flag if RSI cools off.
This has been a tricky trade that requires a lot of patience and maneuvering.
I am personally playing ETH on this bounce, though LTC gains will likely be greater than BTC so others choosing LTC is a bad idea.
I will explain my trade maneuvering and positions in depth in a mid day video today.
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