nagihatoum

BTC to LTC ratio breakdown from rising wedge, Alts season?

An interesting happening, the BTC to LTC ratio just broke down from a very longterm rising wedge, The target is around 75, a %50 drop from current ratio. This means that LTC will outperform BTC. LTC will pump harder than BTC and dump less then BTC. But it does not mean that LTC is going up. We can still have some downside in Alts, but the moment BTC bottoms, Alts will take off, and that is the theory.

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