just now
If you have been following you know I am very bullish on both of these pairs (can see attached ideas on both). But I thought this was interesting and something to keep any eye on. Important to remember if the chart is rising ltc/btc can still be bullish but xmr/btc is rising more % wise. I think these are the two most undervalued assets in crypto.
I probably could have just done XMR/USD to LTC/USD as btc is the common denominator? Probably would be the same chart, anyway.
If you have been following you know I am very bullish on both of these pairs (can see attached ideas on both). But I thought this was interesting and something to keep any eye on. Important to remember if the chart is rising ltc/btc can still be bullish but xmr/btc is rising more % wise. I think these are the two most undervalued assets in crypto.
I probably could have just done XMR/USD to LTC/USD as btc is the common denominator? Probably would be the same chart, anyway.
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The slower version (can reassess timing as we move forward):
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Could it be? Seems this could reverse here and start to head back up. If not then we are already on our way down for wave c. Lets see.
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Hmm that last break down was interesting, makes me reconsider things. Just going to keep reevaluating till I think i've gotten this right. Once we get the count down this could be very valuable information and give us plenty of clues about how XMR, BTC, and LTC are going to perform timing wise : )
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The other option would be that a-b-c (and Wave Z) are all already complete? This would mean Monero is about to just go insane and bust out. Possible.
Lets see how things develop
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And i'm realizing this was actually the count I had initially on the chart. Could be, maybe Monero is ready for the bull, and ltc is not yet. Very interesting to stuff, at least to me haha
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Indicators seem to confirm this count as well (initial count)
Lets stick with this until reason to believe otherwise.
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Weekly chart looks like a giant inverse head and shoulders pattern is forming hmm, dead cat bounce over in ltc and xmr about to recover big losses?
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Looking good!
