The fractal from around BTC's ATH in the BTC/LTC ratio is repeating right now, almost exactly. We are near reaching the maximum of the ratio and will drop dramatically if the fractal repeats completely. The implication is a spike in LTC's price, past September.
such a great and in dept analysis mate. i had not updated my idea yet but i must say i must agree and recommend this one. Perhaps at the moment USDT adoption is not going to influence at all on ltc
@nagihatoum I appreciate your keen insights as usual. I had a specific question, of which your answer and whatever I decide to do with the information available to me, I, of course, will not hold you in any way responsible for, just looking to hear your opinion. I was thinking of selling a portion of my LTC holdings today, (8/27) at a loss, to re-purchase on 8/30 at, or near market close at a lower price, ($60-62 range, or lower.) In your opinion, would it be a safer bet to hodl through the week, or do you think we can likely expect a sharp drop before any price explosion? Again, your opinion will not be taken as trading advice, I just have appreciated your insights in the past since I have been following you, and am interested to hear your thoughts on that particular. Happy Trading!