Litecoin is trading at around $200… still.
Few coins have had as difficult of a time recovering since the last bull market as Litecoin has.
The rise in Bitcoin but subsequent stagnancy in Litecoin, has caused the altcoin to absolutely nosedive in terms of the LTCBTC trading pair.
After Litecoin peaked, it spend nine full months in a downtrend against Bitcoin until a TD 9 signal appeared.
Following a bear market bounce, the altcoin fell for another consecutive 25 months, ignoring another TD 9 and instead reaching a TD 13 countdown on monthly timeframes.
The LTCBTC pair is now higher, and there’s green forming in a sea of red finally.
While a firm believer in the laws governing math and science, I am profoundly fascinated by the impact of astrology and astronomy including moon and solar cycles and planetary alignment and their ability to influence and potentially predict markets.
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