As highlighted in the video yesterday, LTC was in a very tight 4 hour pattern, and when the break occurs we knew all traders would see the bull signals.
The volume poured in and our alert system was firing off price shear alerts at the start of the breakout in the mid to upper $220s.
Big time follow through for the bulls and now we have some very clear tightening patterns.
Hourly inside bars and a 4 hour inside bar are forming, and a break will dictate direction for the rest of the morning.
Still the lead bull for the last week+ with the weekly chart looking the most clear for an equilibrium pattern to form.
Lots of Litepay hype, cautious of a sell the news reaction as the last 2 breakouts are the market pricing in this news with a known date.
The volume poured in and our alert system was firing off price shear alerts at the start of the breakout in the mid to upper $220s.
Big time follow through for the bulls and now we have some very clear tightening patterns.
Hourly inside bars and a 4 hour inside bar are forming, and a break will dictate direction for the rest of the morning.
Still the lead bull for the last week+ with the weekly chart looking the most clear for an equilibrium pattern to form.
Lots of Litepay hype, cautious of a sell the news reaction as the last 2 breakouts are the market pricing in this news with a known date.
Checkout our full trading resources online www.chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social