I have been watching the price of BTC and LTC lately as they went through a
while comparing BTC to LTC during the fluctuations and noticing that
LTC has been pumping harder then BTC lately which makes me feel LTC will outperform BTC in the short term.
If BTC and LTC move towards a double then we can see the same pattern in the BTC/LTC valuation.
Of course I feel that the BTC/LTC chart doesnt follow the same patterns.
I am just learning and sharing idea's hoping to learn more
With the idea that BTC will hit $11200 and LTC will hit $240
I estimate that we can see LTC go for
Target 1 0.021
Buy back in 0.0205
Target 2 0.02175 BTC
I see a correction coming when LTC finishes a head and shoulders about now
which should correct the BTC/LTC price some
If its true we could see the value at 0.02175
Bitcoin entry $8300-9000 - Litecoin entry $165-180
About three weeks later I think they will be $14-15k and $240-265
I estimate that the LTC/BTC price will drop tomorrow to about 0.02
then further the next three weeks to 0.017
Outperforming BTC and ETH!