![www.tradingview.png](https://steemitimages.com/DQmVnLzkpiHhuah9m1ARicwMZ1MwDLXjDobZgtxcvuT17MF/www.tradingview.png)

Overnight, Litecoin broke above the upper resistance and currently bounced off a prior high however, it isn't immediately pulling back yet looks to be consolidating above the resistance.  The past few days we have seen the price of Litecoin like many other cryptos be extremely stagnant and for Litecoin, test the upper resistance level multiple times a day.  Is this the move that we have been waiting for that will end our current correction in the crypto markets?  Gregory Manarino called earlier last week that there is a correlation between the stock market and crypto markets as money pulls out of the stock market, it will enter the crypto markets therefore pushing them higher.  If the markets fall more, are we going to see the cryptos rise?  Personally I agree with his theory but will continue to watch and wait for that impulse move up.