WyckoffMode

LTCUSD: The Blue LSMA in the 2-Day for LTCBTC Holding Us Back.

KRAKEN:LTCUSD   Litecoin
Hi Everyone! We may still remain sideways for a while until the Blue LSMA in the 11-Day, 12-Day and 13-Day get closer to Level 50 for LTCUSD . If we were to look at LTCBTC , we would see the Blue LSMA is still very low in the 2-Day time frame. We need that Blue LSMA in the 2-Day for LTCBTC to get above Level 20 for starters and eventually above Level 50 to get Expansion UP. Potential for sideways is still there until as late as mid November, 2021.

LTCBTC: 2-Day time frame is in top right of center chart. Note how low the Blue LSMA remains in the 2-Day for LTCBTC. Which is why I'm saying it's still BTCUSD's time to shine until the Blue LSMA in the 2-Day for LTCBTC can at least get above Level 30. At that point, we may see a noticeable turn around "begin" for LTCUSD.


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