Litecoin -- Should see drop to $50 longer short term.

2018年6月17日

I do not see Litecoin doing well in the next few months. A drop to $50 is a strong possibility and low $70s is a given.

Based on my calculations on a projected price of $3600 BTC, 1.5% of that is $54. Considering money will move into BTC, LTC may not even hold $54 for what it has to offer.

Not trying to spread fear, but LTC is one of the coins where I do not have any confidence in anymore.

2018年6月22日

註釋

I feel bullish right now on LTC for a swing.

This drop is a bit too steep and aggressive.



I think we get a bounce off 81, if 81 does not hold, then I am clueless.

2018年6月26日

註釋

Lower 70s will probably hold. I think we get a spike up to 100 or 120.

2018年6月29日

註釋

This idea is not going completely as planned. Very surprised that we are having no bounces. I am looking at another possibility now:

2018年6月30日

註釋

More ideas, watch the weekly close. If it closes below trend line we are looking very bearish.

2018年7月2日

註釋

Keep a sharp eye on that trend line... There is nothing else of interest to me with LTC.

2018年7月2日

註釋