Today on the scaredy cat investor show we reviewed the price charts of steem, litecoin and bitcoin.
Let’s recap what was covered and the outlook we came too.
Relative Strength
Litecoin is showing the most strength among the three and possibly among all crypto.
Looking at the litecoin chart you can see several good things happening:
Price broke the 200 day moving average and then confirmed the breakout with a test before moving higher again.
We are now testing the resistance in that $50-51 area after making a higher low.
The upside potential is large if price establishes above the $51 are as the next true resistance
Add your Scripsio!
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