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Turco
12. Dez. 2018 04:50

It might be time to pick up some Litecoin Long

Litecoin / DollarBitfinex

Beschreibung

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!

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My long term outlook.

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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.

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Above two scenarios combined for a general range.

Trade ist aktiv

Didn't get that dip we expected...LTCUSD still on track.
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Mt.BFX
Turco, you did this for the 2016 bottom as well right? Great accuracy.
Turco
@MT.BFX, thx man...yea pretty sure I did. I should probably publish an update to this. Will see.
CryptoGuru369
Thank you for sharing!
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