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#LTCBTC - Chart Update: Top-Heavy Negative Divergence Looms ...

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#LTCBTC - Chart Update: Top-Heavy Negative Divergence Looms ...

#BTCUSD Favored - Although this relative strength expression of #LTC vs. #BTC has remains tightly wound to a rising momental line, multiple negative divergences have formed at this point, threatening to pressure the dueling pair downward, in favor of #BTCUSD.

Looking at the recent #bitcoin charts I posted recently, this provides additional credence to the bullish outlook which continues to qualify recent BTCUSD charts.

Cheers,

David Alcindor | 4xQuad.com

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