LoveDump

LTCUSD - A Doomsday Prophecy; $9 Target

COINBASE:LTCUSD   Litecoin / Dollar
Hello Fellow Traders,

It is OK to laugh at this. This is an educational post. I am not trading based on this as it is very early days on this pattern, but if this unfolds then we would be looking at a very deep cut. A very deep cut indeed.

If this bear pennant unfolds then LTC's target price would be $9.

Feel free to comment.
Trade ist aktiv: I took a commentors recommendation and sold it all. If it doesn't break out here there will be much blood.

It seems it is taking the long road. So glad I sold when I did.
Antworten
It could be a massive descending triangle....


OR a massive falling wedge


You have to trim a lot of wicks for the latter, and the former's target would be $0 haha.
+3 Antworten
Please sell all your LTC this instant!
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Lol
+1 Antworten
If LTC turn to be $9,then almost tokens zero.so will it happen:?
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Miru84 TV-BitRita
@TV-BitRita, if that happens the markets will crash. LTC has a big enough market cap and reputation to correct the whole market
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