LTC 4hr: Bulls Battle for Control.

May 6, 2019

You can clearly see the bulls battling to keep control of the mid term trend. Loss of 65.41 would be very bearish but a break of 81.54 would be very bullish and could indicate we are going to test 100 again. RSI is again neutral at 51. MacD is bearish but curling back to try a bullish cross again. I see us testing back down to 73.55 or 70.48 then bouncing back to 78 where we likely reject temporarily. This fits with what I was seeing on the weekly. You will see some red lines showing a potential reverse head and shoulders also.