JayFortune18

LTC/BTC on track to new cycle high

Long
BINANCE:LTCBTC   Litecoin / Bitcoin
The trend will be true under the following assumptions:
- BTC 2021 cycle ends around the 3rd quarter of 2021
- BTC continues with the overall uptrend

I assume a rather quick run up, based on previous behaviour.
The upper line is the most conservative one, which is why I consider it low risk up to that point.
To reach a value of approximately 0.014 BTC for each LTC requires no euphoria. WITH euphoric growth however (starting above 0.015 BTC), targets far beyond the upper trend line will be reached.

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