bookertw11

LTC/BTC Price Analysis & Short Term Projection

bookertw11 Actualizado   
COINBASE:LTCBTC   Litecoin/Bitcoin
Hello Everyone!

I've also been doing analysis on the LTCBTC however, most of us are trying to grow the amount of $BTC we own. Here is a quick analysis of the LTCBTC pairing:

Lower timeframes up to the 25 period are currently expanding which is resulting in the current movement down. While some are short term bullish on $BTC (myself included), I believe LTCBTC still has to show price holding to get the proper buy conditions.

Since LTCBTC has entered the 230 containment zone and is currently holding support at the bottom, I do expect a short term mean reversion to approximately 1065 sats once buy conditions have been met.

I will continue to update this pairing.

DISCLAIMER: This information is for reference only and is NOT financial advice.
Operación activa:
23cci rolled up and price has moved towards the mean. I'm actually updating the target to around 9000 sats.

Operación cerrada: objetivo alcanzado:
Target reached
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