spin_cycle

LTC price action leading BTC and other cryptos

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Other posters have commented on the HnS pattern in BTC and it's possible breakdown below the neckline. I want to point out the HnS pattern in LTC that has already broken down below the neckline. A brief test of the neckline didn't hold for long.
During the 2019 rally, it was pointed out by Charting Man Dan from theChartGuys that LTC was the lead bull. (Verify for yourself by comparing LTC & BTC on the charts.) LTC continued to be the lead bear during the ongoing downtrend. Note how BTC is currently testing the neckline, while LTC has already broken below. LTC price could go down further towards the $30s to set a higher low. This is part of a longer term equilibrium pattern folding out in the crypto space, something that Charting Man Dan has been pointing out for a long time. LTC price action continues to lead all the cryptos. Interesting to see when LTC will bottom out & reverse the trend.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out