Will LTC outperform BTC in the short term?
BTC/LTC prediction
I have been watching the price of BTC and LTC lately as they went through a bull flag
while comparing BTC to LTC during the fluctuations and noticing that
LTC has been pumping harder then BTC lately which makes me feel LTC will outperform BTC in the short term.
If BTC and LTC move towards a double bull flag Wolfe wave then we can see the same pattern in the BTC/LTC valuation.
Of course I feel that the BTC/LTC chart doesnt follow the same patterns.
I am just learning and sharing idea's hoping to learn more
With the idea that BTC will hit $11200 and LTC will hit $240
I estimate that we can see LTC go for
Target 1 0.021
Buy back in 0.0205
Target 2 0.02175 BTC
I have been watching the price of BTC and LTC lately as they went through a bull flag
while comparing BTC to LTC during the fluctuations and noticing that
LTC has been pumping harder then BTC lately which makes me feel LTC will outperform BTC in the short term.
If BTC and LTC move towards a double bull flag Wolfe wave then we can see the same pattern in the BTC/LTC valuation.
Of course I feel that the BTC/LTC chart doesnt follow the same patterns.
I am just learning and sharing idea's hoping to learn more
With the idea that BTC will hit $11200 and LTC will hit $240
I estimate that we can see LTC go for
Target 1 0.021
Buy back in 0.0205
Target 2 0.02175 BTC
ملاحظة
I was wrong about the pattern but pretty close to values though.I see a correction coming when LTC finishes a head and shoulders about now
ملاحظة
I think Litecoin is about to finish a head and shoulderswhich should correct the BTC/LTC price some
ملاحظة
There is that Wolfe waveملاحظة
Its possible we are seeing a bull flah/pennant for LTC/BTCIf its true we could see the value at 0.02175
ملاحظة
I think we will see price action tomorrow leavingBitcoin entry $8300-9000 - Litecoin entry $165-180
About three weeks later I think they will be $14-15k and $240-265
I estimate that the LTC/BTC price will drop tomorrow to about 0.02
then further the next three weeks to 0.017
ملاحظة
Bull flag pushed the value towards my second targetملاحظة
Crazy how well Litecoin has been holding up lately and refusing to dip with BTC.Outperforming BTC and ETH!
ملاحظة
LTC Crushing ETHملاحظة
Looks like we are about to peak and go sideways fora bit
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