CalicoNeko

LTC/ETH - Enormous Bull Divergence

BINANCE:LTCETH   Litecoin / Ethereum
We have all talked about the LTC/BTC bull div, but LTCETH is definitely a pair with confluence that is forming a powerful setup during this timeframe. What does this mean? When the divergences play out, it will be LTC with large gains simultaneously against BTC and ETH. I believe this would occur as the denouement of the current bull market so this in my view means this will occur due to an increase in fiat value (not because the market is dumping and LTC is a hed e). Why? Because the LTC fiat pairs are in an ascending triangle pattern as well. It remains to be seen how it all plays out of course, but I find the HTF setups and patterns tend to confirm. This is one of the longest brewing setups in all of crypto.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.