Litecoin: Hurst Cycles - 8th Jan 2022
LTCUSD | Phasing Analysis Update, Outlook & Trading Strategy
Components greater than and including the 18 month nominal cycle.
Components less than and including the 18 month nominal cycle.
Components around the 80 day nominal cycle.
Litecoin shows marginally more amplitude modulation than Bitcoin and it follows therefore that the move down to the imminent 40 day nominal low forming here was slightly more bearish than it’s illustrious bigger brother.
In the last report in December we noted the move from the proposed 20 week low: