LTCBTC pair shows that we are nowhere near the top of this cycle
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I first bought LTC in March of 2017. LTC runs hard and fast with the other Alts with BTC is hot. Look at the price action in LTC when BTC hit 69k LTC as compared to the previous blow off tops. The EMA Ribbon did not even flip green on the weekly chart.
I see big upside with the current price @ 0.0035. In the next leg up, it "could" go 250x if it were to reach the Feb. 2018 high of 0.25. That will never happen since we near darlings in the top 10 with great projects like SOL and AVAX.
So, to be clear, I'm not saying it will go 250x, but I do think climbing 10x from here is extremely possible, even if BTC tops at 120k this cycle.
It is good to plan exit strategies and stick to them, rather than getting caught up in all of the hype.
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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.