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LTC-BTC

LTC: Get ready for the halving spikeThe halving spike historically has happened either roughly 30 days before or 30 days after the halving event. Many consider the recent run-up to $144 as being the halving spike. This is far from the truth, the recent run up was due to BTC's astronomical rise. Halving price spike has not been factored in yet. Where is the proof? The fractal shows an upcoming spike, bullish divergence on the RSI and bottoming of the RSI and the fact that we are at the bottom of an upward channel. Current price action in a falling wedge.
Long
by nagihatoum
3
BTC/LTC ratio double top, LTC will outperform BTC till DecemberToday the BTC/LTC ratio double topped and is dropping. LTCUSD and LTCBTC both are pumping. There has been three occasions since the inception of LTC that LTC outperformed BTC and was a better investment. First was after BTC's 2018 ATH, it lasted 113 days, with the ratio bottoming out at 55. Second was during BTC bear market when LTC rose gradually until after April 1st BTC's pump. That second period lasted 115 days and bottomed again at 55. Now apparently we are entering a third period of LTC renaissance. If it follows the course of other periods will last 114 days approximately into December. I find it uncanny the resemblance of the current LTC/BTC pattern to that at the 2018 BTC ATH, as can be seen with the purple fractal. Regardless of resemblance of patterns, every time the ratio reach 141 it drops to 55. And a double top reinforces this change in direction. It is arguably a good idea now to switch one's BTCs to LTCs, and take advantage of LTC's performance.
COINBASE:BTCUSDLong
by nagihatoum
1