Thought I had published this chart but I guess not. Three weeks ago I predicted last week's rally and how it will follow this trendline because of USD devaluation. Once USD starts regaining I predict BTC and LTC to drop deep. Earlier I predicted level 888 for superstitious reasons.
Note the interesting correlation between the two cryptos and the added value BTC receives for two periods of which the last LTC line interestingly points to a BTC drop level perhaps.
Note the interesting correlation between the two cryptos and the added value BTC receives for two periods of which the last LTC line interestingly points to a BTC drop level perhaps.
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Maybe a little bit ore upside as the stock markets will rise, however it will be a short period so I' getting ready here.
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LTC is a great indicator btw. See what it did November last year.
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So, little upside here first because of USD devaluation but then a big short I see coming because of the already rising selling pressure.
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I see definitely some more upside coming. So another break of that trendline is (very) likely.
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Houston, we have a launch. Grab them pips, 300 up and then long way down I reckon.
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This was not a good prediction!
