I have exact same view about this chart. I was waiting and hodling DOGE before that mega pattern took place, and if crypto gods agree, we will do the same with LTC :) Merry Xmas !
remihoh
⋅
yep, looking for a 10x against btc. best lookin chart in crypto at the moment
To everyone saying it’s not going to be the same as Elon’s Doge pump, that might be true, but it doesn’t need to 🚀 into another galaxy like Doge did.
I held Doge before it pumped, before I knew Elon was going to attached to it. DOGe was very consistent every cycle and it made complete sense and one of the surest bets in crypto IMO to buy it around the approximately 16-22 satoshi level.
Who knows maybe Litecoin will have some similar huge media push like Doge did, but I don’t need to assume it will. You just need to see that it’s clearly not a dead project, big players still attached to it (such as Grayscale), it’s a Bitcoin OG altcoin, they have an important update Mimblewimble coming out soon and a halving is coming. So if we take the fundamentals and then look at the chart and see LTCBTC looks extremely similar to the DOGEBTC I think there’s a good reason to be extremely bullish on LTC.
Lets say all it did was break the falling wedge trend like that would still be a very good gain. But LTC has traditionally very big aggressive pumps, so for me the only concern is when to sell it. Past pumps have always had sharp sell offs, so the only question I have is really whether this will be astronomical or not
Merry Xmas !