LITECOIN Overbought Looking To Consolidate

We saw a volume peak yesterday for bull volume. 4-Hr RSI is coming down from 90 and needing to pullback and consolidate. We should hopefully see support come at $40 and $34.

The markets will likely be pretty boring through the weekend I'm thinking. From such a huge buy spike we need to see consolidation and proof that the bulls can hold.

I think this next move will really determines what happens in the crypto space for a while. If the shorts stop getting squeezed which is likely, we'll also see a lot less buying since there's no squeeze.

Best case scenario through the weekend is a flag pole, and we'll see an upper mast next week. What we hopefully don't see is long term consolidation and then the typical bear break (also potentially likely given this pattern has been seen many, many times).