2. In early September 2020, I shared a tweet about how $LTC was potentially copying the $ETH price cycle, though with some lag
3. At the time, $ETH had only just broken out from its macro Double Bottom formation
$LTC on the other hand was forming a similar formation but was significantly behind ETH in its cycle
$LTC on the other hand was forming a similar formation but was significantly behind ETH in its cycle
4. Around Christmas 2020, I shared this chart with subscribers of the Rekt Capital newsletter
It showed how $ETH had successfully performed a breakout & retest of its Double Bottom formation
And based on that - I expected $LTC to do the same later on via two potential paths...
It showed how $ETH had successfully performed a breakout & retest of its Double Bottom formation
And based on that - I expected $LTC to do the same later on via two potential paths...
5. Fast forward to today...
And $LTC perfectly followed the blue path, mimicking the $ETH price cycle
And $LTC perfectly followed the blue path, mimicking the $ETH price cycle
6. As time goes on - $LTC will continue to follow $ETH
This has been the case for the past several months
And it will likely be the case for months that lie ahead
So now that ETH has reached a new All Time High lately...
Soon - Litecoin will reach its own All Time High, too
This has been the case for the past several months
And it will likely be the case for months that lie ahead
So now that ETH has reached a new All Time High lately...
Soon - Litecoin will reach its own All Time High, too
7. If you found the information in this thread valuable...
You should check out my newsletter which is dedicated to unbiased cutting-edge #Crypto insights
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rektcapital.substack.com
You should check out my newsletter which is dedicated to unbiased cutting-edge #Crypto insights
Feel free to sign-up:
rektcapital.substack.com
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