Full credit to Ben Cowen for the QQQ comparison and similarities around ETF launches for BTC & the QQQ back in 2000.
I will take credit for the LTC comparison (only if it works, don't want anything to do with it if it doesn't) but I have to admit it took far less work.
Basically he explains that the QQQ peaked exactly 54 weeks after it's ETF launch, formed that first wick a few weeks later, then filled that wick the following week leaving another and closing below it.
BTC ALSO peaked exactly 54 weeks after it's ETF launch, and a few weeks later we could POTENTIALLY be seeing that first candle, the one with the wick around the moving average.
So, I noted it, kept it in mind. But NOW, BUT NOWWWW. After all I have said about feeling like LTC is an eerie future alternate version of BTC FOR WEEKS, I check the weekly.
I check the weekly guys I checked it and you wouldn't believe what I see.
THE SECOND CANDLE. THE QQQ HAD. PLAYING OUT. ALREADY. ON LTC.
BTC has not even gotten CLOSE to that wick yet. The idea is HORRIFYING if that somehow happens during this weekly candle.
Again, I have been TRYING to ignore any potential feelings towards LTC's prophecies, but AT WHAT POINT is it not coincidental?
Ben is the most thorough and objective content creator I know of. If you want a very thorough rundown on potential scenarios, you should definitely check him out.
LTCUSDT.PLTCUSD On a serious note it looks insanely bullish, bullish divergence everywhere. It has been one of the strongest by far this cycle & I think not getting named in the list of coins is a very temporary setback. Consolidating & accumulating above the breakout level for weeks regardless of market conditions is a very very bullish sign. I will be buying spot every so often, but more aggressively if we do see that $60-80 again.
LTCUSDT.PLTCUSD I believe LTC is currently playing out Monday afternoon, after a stable day I expect soon it will receive positive CPI & PPI information, if it drops however I will anticipate that data to be bad. Either that or it has already experienced negative reports and is recovering on a Friday.
LTCUSDT.PLTCUSDBTCUSDBTCUSDT.P I don't have enough time 2 do a better write up to prove that I'm mentally sound but I promise I am
U know how in Interstellar Michael McConaughey had 2 neglect his kids to go fly into space and then he put some super complex science into a watch face inside his daughter's bookcase or whatever. I longed LTC from 120 down to like 98 or something. I reckon I had about the same feeling Michael McConaughey's daughter did in Interstellar. I propose that LTC is in the bookcase RIGHT NOW. And this is what it has entered into my watch face.
p.s. I don't expect this to play out at all, I just have 2 put this out there on the 1/10000 chance it follows through, Also so that if I catch a short from 94K down to 63K & tell u it was bc of LTC I'll have proof.
I promise I will never mention it again when it doesn't do anything at all similar.