Even though I maintain a neutral position on LTC/BTC at the moment, many fractal expressions emerging on the weekly chart. Fractal expressions are frequently overlooked and often dismissed. Don't execute on this logic alone but certainly should be considered for planning a strategy.
The first circle you are drawing is when BTC was already reaching ATH's, it actually only went down in ratio when BTC started to uptrend after having it's 65usd dip/correction. imo we have just had that dip/correction @ 276usd and it took us twice as long to get there. I wouldn't be surprised if we go into another long downtrend for ltc/btc reaching as low as 0.00499 to stop on the feb spike of 2012. LTC tends to spike when BTC has already reached ATH's and I believe we are just halfway for BTC and could see another 10-11months of slow uptrend before we go into another -bubble- consolidation at 1000USD BTC will be a good time to buy ltc on the ltc/btc market, I could see a huge buy-in at that period but not sooner. If we get to 1000usd for consolidation sooner than I still believe this will be the period ltc/btc will attract buyers.