BTC vs LTC Weekly, weeks correct so far.
Updated
Thought I had published this chart but I guess not. Three weeks ago I predicted last week's rally and how it will follow this trendline because of USD devaluation. Once USD starts regaining I predict BTC and LTC to drop deep. Earlier I predicted level 888 for superstitious reasons.
Note the interesting correlation between the two cryptos and the added value BTC receives for two periods of which the last LTC line interestingly points to a BTC drop level perhaps.
Note the interesting correlation between the two cryptos and the added value BTC receives for two periods of which the last LTC line interestingly points to a BTC drop level perhaps.
Trade active
Maybe a little bit ore upside as the stock markets will rise, however it will be a short period so I' getting ready here.Comment
LTC is a great indicator btw. See what it did November last year.Comment
So, little upside here first because of USD devaluation but then a big short I see coming because of the already rising selling pressure.Comment
I see definitely some more upside coming. So another break of that trendline is (very) likely.Comment
Houston, we have a launch. Grab them pips, 300 up and then long way down I reckon.Comment
This was not a good prediction!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.