I don't know where the bottom for LTCUSD is, however I expect a scenario as outlined in the above chart. Weekly RSI hasn't been this oversold since 2015, and the block halving is now months away. Obviously now if BTCUSD keeps tanking all bets are off, but for now I am going with this.
Good luck!
Good luck!
Kommentar:
Another possibility would be a slightly altered version of the above scenario, which would put the LTC bottom (and retest) between $14 - $16. Essentially the same scenario, with overall lowered price targets.
Another possibility would be a slightly altered version of the above scenario, which would put the LTC bottom (and retest) between $14 - $16. Essentially the same scenario, with overall lowered price targets.
Kommentar:
Above two scenarios combined for a general range.
Above two scenarios combined for a general range.
Trade ist aktiv:
Didn't get that dip we expected...LTCUSD still on track.
My long term outlook.