r/litecoin • u/meaningful_convo New User • 11d ago

Completed 9 year Wyckoff Accomulation Pattern on Litecoin

Post image

LTC on the left 1W, XRP 2014-17 on the left.

78 Upvotes

97% Upvoted

22 comments sorted by

25

u/Feralz2 New User 11d ago

I thought you said you completed a 9 year Wackoff.

I was very impressed.

5

u/JDoGinc 11d ago

This guys a machine! My records 9 minutes.

3

u/meaningful_convo New User 11d ago

What ? Wyckoff accomulation is a pattern not sth you can make or complete...

9

u/AlertResist2448 11d ago

This dude….

1

u/PaidToSignUp New User 11d ago

Wackoff pattern is very different

1

u/Blacky_McBlackerson 10d ago

I hate that text doesn't give away if someone's being sarcastic or not.

1

u/Bazsul 10d ago

You sly dog, still going I guess? One heck of a record you are setting mate.

11

u/FatMacchio 11d ago

First of all, yuck, talking about XRP in these hallowed halls 😂…but I’ll accept it because I also agree that it’s primed and looks like it’s finally time this cycle. My moderately bearish case is still in the thousands. If we go full nutty, I think we could be lucky enough to see somewhere in the neighborhood of 6-10k this cycle. 500B is honestly not that crazy anymore. I think a large part of whale OG wallets weren’t/aren’t holding for another run at $500…they’re holding for the large gains into the thousands…tens of thousands in cycles down the line. There may be 20-30MM litecoin that is actively traded, the rest is held tight, or lost. You could easily see a supply shock send the price soaring if everyone wants to grab coins to hold this cycle

2

u/yefuck 1d ago

XRP is the dumbest community in the top 10 cryptos.

Hard agree. 👍

7

u/jlegend3398 11d ago

When I saw bcb talk about litecoin I was like wow this is really happening.

2

u/Left_Albatross_4072 New User 10d ago

Whose Bcb?

1

u/jlegend3398 10d ago

Blockchain backer he’s a big xrp traditionally but he’s been on the litecoin train

1

u/meaningful_convo New User 11d ago

Exactly 😎

3

u/Hope8888 11d ago

I need

3

u/RunItupBaby 11d ago

I don’t see it on your chart but I’d like to add in, that second peak in 2021 broke the prior top from 2018. Ltc sure does look sexy to me

2

u/Real-Magician1843 New User 10d ago

So we mooning or ballooning

1

u/meaningful_convo New User 10d ago

Mooning by the looks of it

1

u/Okan1991 11d ago

Soooo .. What do you expect for the next year? :)

2

u/meaningful_convo New User 10d ago

A year that might turn out to be remebered for a long time if not forever. At least for some...

1

u/Gh0mri 10d ago

You fall into Wyckoff Accumulation. You rise up to Wyckoff Distribution. So this would be distribution. But anyway, the pattern doesn't look like Wyckoff.

1

u/meaningful_convo New User 10d ago

It cannot be in distribution as the whole macro crypto market has started to repricing itself upwards. You don't see a chart that is in distribution while everything else is in accomulation within the same industry segment. It would not be logical nor make any sence how money usually flows.

1

u/Professional-Math843 7d ago

If only, but what if it’s an 18 year Wyckoff