Craig_Claussen

Delayed Bull for LTC to begin. Chart is with BTC/USD overlay

Kort
BITFINEX:LTCBTC   Litecoin / Bitcoin
5
LTC chart on tradingview is a too new to be able to show a better history of it's performance compared to BTC.
If you go to bitcoinwisdom.com you can draw your own lines and see that LTC/USD has broken out of the decending triangle bear. Yet LTC/BTC-e chart shows that it's still in a decending triangle. Has the market, that usually follows BTC's up and downs, been hurt by investors selling LTC to get into BTC bull? Is this correction over? Will it create a rubberband effect and temporarily create an inflated price increase higher than BTC's percentage gains before jumping back on the BTC bull market wagon?

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