LTC/BTC Is price ready to break to the upside?
Updated
After a big sell off that we have seen with LTC/BTC pair since the start of February, price has been consolidating for the last week failing to make lower lows,
Even tho we haven's seen a clear change yet in market structure im waiting on the sidelines to see who's going to make the next move.
If we start making moves to the upside I will be looking to take a long position if it breaks and closes above resistance with a retest of support.
Even tho we haven's seen a clear change yet in market structure im waiting on the sidelines to see who's going to make the next move.
If we start making moves to the upside I will be looking to take a long position if it breaks and closes above resistance with a retest of support.
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Sorry traders, Just realised I had named supply and demand wrong, its vise versa : ) Supply at the top, demand down bottom
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