LTC/EUR Breaks Above Ichimoku Cloud, While Bitcoin Pulls Back

It looks like Bitcoin’s cousins, Litecoin and Ethereum are getting their groove back. Meanwhile, Bitcoin may have finally hit a temporary ceiling. LTCEUR rode on a three-day bullish wave. You know how much I love analyzing the market sentiment using the Ichimoku Kinko Hyo. So let’s dig in and see what’s next for our favorite cryptocurrencies.
LTCEUR Crosses Above Ichimoku Cloud
After two whole weeks of consolidation inside the cloud’s daily setup, LTCEUR finally