This chart shows that $LTC could go to $12k+
If the same vertical expansion plays out like $XRP has done in 2017 or $DOGE has done in 2021.
I wrote an article about that.
Pay attention to the LTC/BTC chart. 👀
$LTC is going to do the same thing $ZEC did.
It already broke out of the falling wedge and is building the same uptrend structure Zcash did against Bitcoin.
A dead MIT professor accidentally destroyed the $25 billion executive coaching industry with one hour of lecture, and ten million people have already watched him do it.
He filmed it once in January 2018 and died eighteen months later.
Executive coaches charge sixteen thousand dollars a session to teach a third of what he covered in that one hour for free.
His name was Patrick Winston. He ran the MIT Artificial Intelligence Laboratory from 1972 to 1997 and wrote the AI textbook every computer science major in the world read for thirty years.
Every January for four decades, he gave a lecture called "How to Speak."
His entire framework fits on a napkin.
Do not read. Be in the image. Keep images simple. Eliminate clutter. Start with an empathetic connection. End with a punch line the audience can repeat over dinner. Never open with a joke. Never end with "thank you."
That last rule alone has probably cost the executive coaching industry a hundred million dollars.
"Your success in life will be determined largely by your ability to speak, your ability to write, and the quality of your ideas. In that order."
That is the actual opening line of the lecture. Winston believed it strongly enough to spend fifty years teaching computer scientists how to talk.
Founders spend $80,000 on an MBA and then hire a communications coach to teach them the same material Winston filmed once for free. Engineers write brilliant code and lose promotions to teammates who watched this lecture on the train.
The lecture is free on MIT OpenCourseWare. The textbook is free on his page.
Winston died in 2019. Almost none of the ten million viewers have actually implemented the four rules on the napkin.
The napkin is free. The willingness to actually use it in your next meeting is the entire edge.
The answer is in this video. Don't miss this gem.
litecoin:native: Sometimes you have to zoom WAY out to see what price may actually be telling you. Looking at Litecoin on the weekly, I believe there's a legitimate case that this enormous structure could be a Wyckoff re-accumulation.
The 2017 buying climax, 2018 automatic reaction, 2021 retest/failed breakout, followed by years of progressively compressed price action all fit surprisingly well with a massive trading range.
Now LTC is once again sitting near the lower portion of that range, where buyers have repeatedly appeared for nearly 9 years, while volatility and volume have dramatically contracted.
Is it confirmed? No. But if this is late-stage re-accumulation, we're potentially looking at the completion of an 8-year base.
In Wyckoff, the bigger the cause, the bigger the potential effect. This is why I keep watching litecoin:native.
Sometimes the chart looks completely different when you stop staring at the trees and look at the forest.
Litecoin's halving is exactly 12 months away, and this one is different
On July 27, 2027, @litecoin block rewards drop from 6.25 to 3.125 LTC. The historical accumulation window opens around January.
Two things exist now that no prior halving had: a US spot ETF, and LitVM bringing smart contracts to the chain with mainnet expected late this year after 75M+ testnet transactions. The setup is quietly forming. $LTC
Another 40,000 $LTC have been pegged into MWEB over night!
Around 65,000 Litecoin have now been added to the MWEB privacy chain in the last 2 days.
The MWEB total balance is now at 400k LTC!
🚨WARNING to NOT $LTC holders:
Weekly RSI is flat lined, hit the ultimate bottom already.
Now curling back up while 1-year falling wedge on price chart comes to an end.
Don't miss this train! 🚄
One of the most interesting charts in crypto right now isn't #LTCUSD.
It's #LTCBTC.
Since November, Litecoin has been trapped inside a falling wedge against Bitcoin while sentiment toward altcoins has continued to deteriorate.
Now we're seeing:
- Price pressing against the upper rail of the wedge
- Multi-month bullish divergence on the RSI
- Momentum improving while price remains compressed
Most traders are focused on whether Bitcoin goes higher or lower.
I'm focused on whether Litecoin begins outperforming Bitcoin.
Historically, major altcoin runs don't start when everyone is bullish.
They start when nobody cares.
If LTCBTC can break this wedge and hold above it, it could signal a shift in relative strength that many aren't paying attention to yet.
After one of the worst multi-year periods for altcoin performance in crypto history, that's a chart worth watching.
Structure first.
Narrative second.
This is why $LTC will go to $12,000+
Charlie did'nt say it directly, but he clearly points to a gap between Litecoins price and its network growth.
And this gap is HUGE!
It exists for more than 9 years now.
Canary's $LTC ETF just saw its 6th day of net inflows this year...
Is this the start of something...?
Canary Capital's spot @Litecoin ETF attracted net +$317,140 in capital on Friday June 19.
This constituted the product's first day of net inflows since May 22, and only the 6th day of inflows this year so far.
Is this a one-off or are people becoming wise to @LTCFoundation and its capabilities?
LTC's price has been round tripping
LTC's network activity just consolidates and moves higher, and we know why.
BTC, Doge, ZEC, and others have done the opposite...round tripped in network adoption while holding higher bases in price.