jbutler7
Long

LTC moving against ETH

LTC/ETH on the daily. THought I'd do this for fun, but ETH had a nice run up a while back, and everything has pulled back since then. LTC is taking this chance to break out closer to ETH prices. Currently is sitting around the .618 retrace, but definitely in a bull market after reaching its recent low.
This is mostly a for-fun analysis, and can be useful in determining which coins to hodl more of if you're long. clearly right now, I'd be holding LTC more. I was thinking last night of spreading myself out more into ETH, but now I decided I'll wait until it's cheaper to exchange a little LTC for ETH. I do the same with LTCBTC now, and some other alts.
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