TheChartGuys

LTC Bullish Overnight Consolidation

COINBASE:LTCUSD   Litecoin
New base of support built over $60 psychological, previous resistance now support.
Bulls broke the lower high consolidation and are back in full control looking to test recent highs in the upper $63s.
Bulls have full control of the trend and if volume shows back up we can look for higher highs.
Bull MACD about to occur on the hourly chart.
Only thing missing is volume and the US is about to make up for the morning.
Watching correlation to BTC which has been bullish overnight as well.

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