in the past 2 cycles Litecoin pumped at the end of the bear market and then pumped to the highest monthly close of the Litecoin-Bitcoin pair of the previous bull.
tldr:
- LTCBTC reached historic peak levels
- RSI reached historic peak levels for LTCBTC
if history rhymes LTC / BTC reached its target and should decline from now on
Note
cherry on top being the hidden bearish divergence on the 2weekly
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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.