One interesting observation that could be made when superimposing the line chart of #LTCBTC (dark line) over the candle chart of #BTCUSD is that:
1 - Both currencies have a near positive correlation in terms of market directions
2 - A close of BTCUSD above LTCBTC line is accompanied by a market acceleration of BTCUSD relative to LTCBTC . Inversely, a close of BTCUSD below LTCBTC is accompanied by a market acceleration of BTCUSD relative to LTCBTC .
These two observations along should help the currency trader improve directional biases, position trades in the directional bias favored by BTCUSD and LTCBTC relative positions, and derive more consistent profits.
Note here that the target offered in BTCUSD is based on a prop pattern that warns of significant resistance at the level defined, namlely: $859.47.
David Alcindor | 4xQuad.com
CROW Signal Service:
Then China Implemented and noob money flowed in which re-attached it's linking to BTC pricing (again, why ~ it is nothing todo with BTC integration / developments).
When BTC starts making new big moves ~ whenever that will be ~ I again think LTC will stay in reality and BTC will take off, leaving LTC/BTC on the floor.