Buying LTC near the lows of this range could be a great opportunity for anyone wishing to make more ETH. BTC topping out could be a catalyst for large gains in LTC vs. ETH as any retracement in BTC is likely to negatively affect ETH's USD value more than that of most altcoins. An ideal entry would be to buy a reclaim of the lows after capitulation.
Note
Both LTC and ETH are moving but ETH is going harder. I'm long both on perps but will actually buy some spot LTC in expectation of it outperforming ETH, if we get the rinse and reclaim of the range lows.Note
Flat on both as of BTC nuke, waiting for direction there. As for this chart, we got the expected rinse of the lows. Now looking for a reclaim.Note
Totally invalidated, LTC underperforming rn though I expect it will have its time.
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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.