It just broke out a long term inverse head and shoulders on the weekly and monthly charts and confirmed the trend line as support, and flipped major long term moving averages from resistances to supports and you fear it's going down? I'm buying. Up is signaled IMHO, target 400$. If 400$ is broken and the 7 year consolidation gets broken out of, this thing can fly
DrM200x
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lol
Bitgolder
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Highly unlikely. No way Litecoin will give anyone the opportunity to get in at those prices ever again. Based on historical data this would be compared to where we were at the end of March 2017. From that run till now was one long 7 year correction and distribution. Now starting a new cycle where Litecoin reaches new highs on the LTC/BTC ratio and becomes a monster in the space.