Risk off roation in crypto?

323 0 2
I want to apologize I made this quick and dirty this morning before running out. Its not pretty but you get the point.

A chart of the ratio of LTC/BTC in log scale and a pitchfork shows a clear overall uptrend. But notice the possible megaphone and what appears to be the ratio being rejected at the second channel top. If the ratio reverses I believe it implies risk off in crypto with BTC             outperforming but in an overall asset class downtrend much like gold             and silver             .

The tricky thing in crypto is that people may rotate from LTC directly to BTC             which creates a small "pump" in BTC             prices while keeping LTC contained.

This could create a trap for folks so please be cautious.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out