BTCUSDT 4H chart, shows signs that the chart wanted to go higher.
Sign no.1 - Cup and Handle usually representing bullish sentiments
Sign no.2 - 20 & 50 exponential moving average crossing sent us to local top meets resistance and quickly rebound.
Sign 3 - Stochastic RSI
@BitcoinJunkies Itβs just regular liquidity hunt, in order to go upwards we need gun powder (sacrifice to liquidate - for this chart is the long) then we can higher
$LIT is showing a double bottom in the 1hr chart, after yesterday flush down it forms a local bottom at 1.7170.
Currently chart showing reversal, change of market structure shift.
If we break through the 2.0 psychological resistance, we are Go time for $LIT