Even though I maintain a neutral position on LTC/BTC at the moment, many fractal expressions emerging on the weekly chart. Fractal expressions are frequently overlooked and often dismissed. Don't execute on this logic alone but certainly should be considered for planning a strategy.
Current market conditions for bitcoin still look bearish on the weekly. Possible reversal coming off 302 level, however no clear signs of an uptrend on the weekly. Smaller time frames show price oscillation in both directions. Waiting for alignment of most time frames to determine next big price move. Bitcoin is a birth of a new market with many possibilities. New...