I find it interesting that Litecoin inverted against Bitcoin looks like it's following the Dow Jones Industrial back in 1975.
It seems that
LTC is working through a W-X-Y correction, currently in the Y.
This scenario reintroduces the possibility of a new ATL against BTC in the higher timeframe, even though it would be extremely bullish for Litecoin since it would mean that the first and highest impulse would be completed, entering a macro corrective phase (inverted, so bullish for LTCBTC).
As a Litecoiner, I hope this scenario will be proven to be wrong.
As an investor, I have to consider it objectively.
Thank you for your support
LAMA
It seems that
LTC is working through a W-X-Y correction, currently in the Y.This scenario reintroduces the possibility of a new ATL against BTC in the higher timeframe, even though it would be extremely bullish for Litecoin since it would mean that the first and highest impulse would be completed, entering a macro corrective phase (inverted, so bullish for LTCBTC).
As a Litecoiner, I hope this scenario will be proven to be wrong.
As an investor, I have to consider it objectively.
Thank you for your support
LAMA
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