KondrackiKarl
Long

Will LTC outperform BTC in the short term?

COINBASE:LTCBTC   Litecoin / Bitcoin
BTC/LTC prediction

I have been watching the price of BTC             and LTC lately as they went through a bull flag
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 bull flag Wolfe wave 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            

Comment: I was wrong about the pattern but pretty close to values though.
I see a correction coming when LTC finishes a head and shoulders about now

Comment: I think Litecoin is about to finish a head and shoulders
which should correct the BTC/LTC price some

Comment: There is that Wolfe wave

Comment: Its possible we are seeing a bull flah/pennant for LTC/BTC
If its true we could see the value at 0.02175

Comment: I think we will see price action tomorrow leaving
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
Comment: Bull flag pushed the value towards my second target

Comment: Crazy how well Litecoin has been holding up lately and refusing to dip with BTC.
Outperforming BTC and ETH!

Comment: LTC Crushing ETH

Comment: Looks like we are about to peak and go sideways fora bit

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