Litecoin to Outperform Bitcoin
Updated
When looking at the Litecoin to Bitcoin ratio chart (
LTCBTC), it suggests that Litecoin will outperform Bitcoin in the near-term. We see our breakout, retest, and now it's SCOTCH time. Let's take advantage of this!
The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you like what you are seeing!
LTCBTC), it suggests that Litecoin will outperform Bitcoin in the near-term. We see our breakout, retest, and now it's SCOTCH time. Let's take advantage of this!The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you like what you are seeing!
Trade active
Still on track; just expanded the support area slightly.Trade active
I've underestimated how powerful this pattern is. This support line goes back all the way to September 2020. The bias is that is will break upwards and when this breaks, it will be HUGE. Trade active
Litecoin looking STRONG! We are coming into resistance now, which suggests either LTC should be taking a breather soon or that Bitcoin will join in on the fun and start moving up rapidly. We shall see! Cheers!Trade active
Option 1 it is! "LTC should be taking a breather soon."Note
Just beautiful. Above the red resistance line and it's "melt your face off" mode.
The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Good luck!
Good luck!
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.