While BTC has been moving sideways some of the other "major" cryptos have been giving clues to their direction. LTC is one of the clearer price charts in my view. The $40 pivot has been a very important price point for this pair, it seems to find equilibrium there. After a very bullish day yesterday the market moved sideways a majority of the day. The move yesterday was a clue to the markets intention to move higher. The stop losses are above $44, $48 and $52
The market has been grinding higher for close to 3 weeks, when the breaks come off its gonna be violent. I would like to see higher crypto prices before the elevator down.
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