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#Dawn News,#BreakingCryptoNews ,,,, #The market structure on the higher time frame hasn't changed significantly. I'm still not fully bullish, as altcoins haven't shown much movement even after BTC reached a new high. This doesn't seem like a clear bullish scenario to me.
I'm currently not taking any short positions and didn't short last night either, which turned out to be a good decision. For now, I'm not opening any new shorts. I’m also not entering new longs but am managing the existing ones.
At the moment, we have a long position in BNB that we’re holding, and we also have a Near Future position running. Our previous bids were profitable, and you can close them if you prefer. I'm not providing any new trade calls for now, as I believe there may still be a liquidity grab around the 97-96K range.
$LTC almost 100% Identical to $XRP chart with few exceptions
1 Step - consolidation in the middle of the rally 2 Step - rally continuation to ATH 3 Step - rounding bottom accumulation (Adam & Eve for LTC) 4 Step - distribution 5 Step - ascending triangle accumulation 6 Step - rally and breakout of monthly horizontal resistance
Also pay attention how #Litecoin accurately interacts with a mid-zone just as #Ripple does
It's time to release the rally and complete the 6th Step $XRP