#Litecoin tends to have two huge bursts:
Once during early #Bitcoin Bull Run year,
The second at the end of the #BTC Bull Run year.

The fractal of each cycle is remarkably similar.
Note the timing of the recovery attempts in relation to the halvings.

#LTC $LTC #LTCUSD Image
When also comparing RSI and MACD, the cyclical nature of #Litecoin becomes even more apparent.
For illustration, a #Litecoin possibility.
#LTC Image
And I'm not even saying this has to be the top.

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More from @misconfig_exe

5 Aug
(づ。◕‿‿◕。)づ 🌊тнє 5тн ωανє ιѕ ¢σмιηg 🌊
⤷ And the Φ #GoldenRatio Φ plays a key role 👀

The #Bitcoin bull run is missing its 5th wave.
This final push will send #BTC and the $TOTAL #cryptocurrency market into 🚀MANIA🚀 mode.

Zooms and full analysis in following tweets Image
#Bitcoin bull runs are composed of ↝ 5 Waves ↝
➚ Wave 1: finds resistance at 0.618 #GoldenRatio
➘ Wave 2: finds support near #BTC halving
➚ Wave 3: breaches above 2.618 Golden Fib level
➘ Wave 4: finds support at 1.618 #GoldenRatio
➚ Wave 5: tops out multiples above Wave 4 ImageImageImageImage
When you compare these to the psychological stages of a bubble applied to the long-term #Bitcoin chart, you can see that Wave 1

➚ ➘ Waves 1 and 2: Occur during STEALTH Phase
➚ ➘ Waves 3 and 4: Initiate and concludes the AWARENESS Phase
➚ Wave 5: is the MANIA Phase Image
Read 6 tweets
24 Jul
My current weekly view on #Bitcoin: potential bullish engulfing candle forming after testing the 1.618 Golden Ratio of the 2018 decline. Watch this as the weekend closes on Sunday. If proves to be a bullish engulfing, this is an indication of trend reversal
(1/?)
(2/?)
Long-term logarithmic growth line intact since March '20, potential support as we move on.
Weekly resistance level at about $39k; $30-39k being the same price range we have been in since late May.
Weekly RSI remains mildly overbought and approaching a descending resistance
(3/?) Some context: 1.618 Golden Ratio forms a support level during a mid-summer 4th wave correction in each #Bitcoin cycle.
Read 12 tweets
22 Jul
🚫 POLL CLOSED 🚫
- NOW -❔What was this all about❔
👇Put your best explanation below 👇 Image
I find it interesting that a lot of you think this is specific to Bitcoin.
You're not wrong, but it's a broader concept I'm touching upon.
Read 4 tweets
22 Jul
Why I stacked #Bitcoin all of 2020 but started stacking #Litecoin in January 2021: 👇A thread: 👇
What is #Litecoin
#LTC was created in Oct 2011 by computer scientist Charlie Lee, an ex-Googler.
$LTC is based on Bitcoin protocol but it has a different hashing algorithm, and the total supply is capped like Bitcoin, but a higher number of total tokens (84M vs 21M).
Gold vs Silver
#Litecoin is scarce in the same way #Bitcoin is, but it is cheaper and faster to transact in on the base chain (Layer 1). This leads to the narrative that #LTC is the "silver" currency to #BTC's "gold" store of value.
Its network is 10 years old with 100$ uptime.
Read 19 tweets

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