TheChartGuys

LTC Bull Reaction to News

COINBASE:LTCUSD   Litecoin / U.S. Dollar
LTC bulls got extra momentum and a higher high last night after being added to a Korean exchange for trading.
The bulls are now looking to form another higher low on the hourly and head back up towards recent resistance.
Look for the 15 min lower high pattern to break, to indicate the higher low has formed and the bulls are showing back up.
We will also look for the correlation to BTC to sync back up after the spike in volume settles back down.
Bulls in control of the trend until hourly higher lows are broken.

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