Technology Finance Cryptocurrency
@misconfig_exe #LTC #BTC 🗸
@misconfig_exe #LTC #BTC 🗸

@misconfig_exe

6 Tweets 17 reads Jul 17, 2021
Twitter
Spending more time with my 2nd-favorite chart, the $LTCBTC ratio chart. $LTC has a persistent pattern of 💥EXPLODING💥 against $BTC after a long decline of higher lows and lower lows (descending triangle).
When #Litecoin pops, it's like what #Dogecoin did: +5x are common. (1/4)
Spending more time with my 2nd-favorite chart, the $LTCBTC ratio chart. $LTC has a persistent patter...
Take note that this chart is against #Bitcoin, NOT against #USD. This means that #Litecoin is likely to perform a MULTIPLE of growth beyond what $BTC will do.
We are at the bottom of the pattern. I see this as a low risk, high reward play against #BTC.
(2/4)
I've noticed decline in height of #LTCBTC tops, so I've adjusted my targets to this downward trend, rather than assuming it will go to a prior peak.
It's NOT impossible for $LTC to break out above prior trend, and if it does, we will REALLY see explosive moves for #Litecoin
(3/4)
A breakout of $LTCBTC could take us to the ATH of more than 5% of $BTC value. As an example, if this occurs at $100k #BTC, that'd be a $5,000 $LTC. at $200k, a $10,000 #LTC.
And a breakout above #LTCBTC ATH is always possible, though not likely this cycle.
(4/4)
On a side note, I finally figured out how to automatically chain a thread 😅
To add to this, 0.004 $LTCBTC is a really sweet spot for accumulating $LTC #Litecoin.

Categories

Technology Finance Cryptocurrency

Some tweets missing

Loading suggestions...