I've also been doing analysis on the COINBASE:LTCBTC however, most of us are trying to grow the amount of BTC we own. Here is a quick analysis of the COINBASE:LTCBTC pairing:
Lower timeframes up to the 25 period are currently expanding which is resulting in the current movement down. While some are short term bullish on BTC (myself included), I believe COINBASE:LTCBTC still has to show price holding to get the proper buy conditions.
Since COINBASE:LTCBTC has entered the 230 containment zone and is currently holding support at the bottom, I do expect a short term mean reversion to approximately 1065 sats once buy conditions have been met.
I will continue to update this pairing.
DISCLAIMER: This information is for reference only and is NOT financial advice.
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23cci rolled up and price has moved towards the mean. I'm actually updating the target to around 9000 sats.