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LTC offering better potential short term gains over BTC?

When I compare the charts to BTC, LTC, and BTC/LTC
I notice potential bull flags on both BTC and LTC but with more potential gains from LTC?
I guess that is why I feel the value of LTC to BTC should also go up
Guessing the value of LTC to BTC will sit between 0.022 and 0.024 then work up towards 0.027
Just learning and sharing idea's

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Already trading at 0.02079 BTC/LTC and we still have a long way to go.
With estimating BTC at $10,600 and LTC at $228 from the bull flags
I can assume a BTC/LTC ratio of 0.0215!

İşlem aktif

Watching current BTC/USD and LTC/USD prices to see how BTC/LTC is doing

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Estimating an upward trading channel

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Estimated projection

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Litecoin forming a Bull flag?

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I have targets for BTC at $11200 and LTC at $245 once BTC and LTC finish Wolfe Waves.
That would put the value of BTC/LTC at 0.02185
I estimate the current bull flag to put the BTC/LTC value at 0.021

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

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

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There is that Wolfe wave

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

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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

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Bull flag pushed the value towards my second target

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

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LTC Crushing ETH
Potential Wolfe wave

KondrackiKarl

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KondrackiKarl

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.