Since the Litecoin vs Bitcoin's highs reached in late March, we've seen a huge retrace, with price coming back down to as low as 0.0224. In recent days has there been some stability, but we could be on the cusp of further bears.
Let's take a closer look at the latest LTC/BTC chart on the Daily timeframe:
Notice the long bear candle marked in a red ellipse. This has got sell written all over it, for so many reasons. Firstly, its body length is massive, and it is the first huge bear candle ever since the upsurge that began on the 4th of March. Just look how long the actual body is, it's upper wick isn't too shabby either, whilst possessing virtually no lower wick. Reading this candle on its own, without referring to anything else, is a powerful sign that a retrace could be on the way. But of course, we have other factors as well, such as price going way beyond the upper Bollinger, plus the Stochastic Oscillator crossing down from an overbought position. Take a look where this candle closed, right at the 38.2% Fibonacci retracement level at 0.0288, smashing straight through the 23.6% Fib.
Hence, we saw price fall even deeper, all the way to a 78.6% retracement at 0.0235. Ever since testing 78.6%, price has been sticking to the 61.8% at 0.0257, as can be seen on the chart above, marked in red, as ranging took hold. I explained in my previous LTC/BTC analysis that was very likely to happen because of the conflicting technicals, "The latest candle (which is still in formation), has a very bearish look to it, consisting of just an upper wick. The problem is we have the Stochastics in an oversold zone, along with AC and AO as green, so we could have some fluctuating activity for the next few candles before a clearer direction is ascertained."
And a clearer direction may well indeed establish itself, albeit not necessarily a new trend, note the difference. There seems to be a concerted effort to break free from 61.8%, as the Stochastics are now on their way down along with the AC turning red. I wouldn't be surprised to see price hit 78.6% at 0.0235 later this week.
Since the Litecoin vs Bitcoin's highs reached in late March, we've seen a huge retrace, with price coming back down to as low as 0.0224. In recent days has there been some stability, but we could be on the cusp of further bears.
Let's take a closer look at the latest LTC/BTC chart on the Daily timeframe:
Notice the long bear candle marked in a red ellipse. This has got sell written all over it, for so many reasons. Firstly, its body length is massive, and it is the first huge bear candle ever since the upsurge that began on the 4th of March. Just look how long the actual body is, it's upper wick isn't too shabby either, whilst possessing virtually no lower wick. Reading this candle on its own, without referring to anything else, is a powerful sign that a retrace could be on the way. But of course, we have other factors as well, such as price going way beyond the upper Bollinger, plus the Stochastic Oscillator crossing down from an overbought position. Take a look where this candle closed, right at the 38.2% Fibonacci retracement level at 0.0288, smashing straight through the 23.6% Fib.
Hence, we saw price fall even deeper, all the way to a 78.6% retracement at 0.0235. Ever since testing 78.6%, price has been sticking to the 61.8% at 0.0257, as can be seen on the chart above, marked in red, as ranging took hold. I explained in my previous LTC/BTC analysis that was very likely to happen because of the conflicting technicals, "The latest candle (which is still in formation), has a very bearish look to it, consisting of just an upper wick. The problem is we have the Stochastics in an oversold zone, along with AC and AO as green, so we could have some fluctuating activity for the next few candles before a clearer direction is ascertained."
And a clearer direction may well indeed establish itself, albeit not necessarily a new trend, note the difference. There seems to be a concerted effort to break free from 61.8%, as the Stochastics are now on their way down along with the AC turning red. I wouldn't be surprised to see price hit 78.6% at 0.0235 later this week.
Crypto Industry in 2025: Five Defining Trends – And One Prediction for 2026
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
