LTCBTC August 03 2019 Update
LTCBTC had a quite run up for a while but it's been rejected more harder as the bitcoin dominance is spiking hard these recent days. made LTCBTC bullish trend become obsolete for time being. Either it will form a reversal pattern around trend line 1 or broke down from it which is more bearish price action would be expected from LTCBTC.
On 4 hour TF. Indicators show a bearish momentum. while CCI itself already bounce from oversold territories, but still on aligned with price action for more bearish continuation as it will expected.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion, any relation between my posts toward any of your trading decision would be on your own consequence. please feel free to share what your thought on comment section.
peace.