Yolos
Short

Litecoin Soon to Capitulate

HUOBI:LTCCNY   Litcoin / Chinese Yuan
The cryptocurrency bear market is soon to accelerate. Litecoin has yet to be affected but soon it too will start the next capitulation drop. My target is 13 yuan. Expect the ltc/btc ratio to drop to 0.005-0.006. Bitcoin will also continue the bear market, following capitulation and panic in altcoins. Look for a big breakout for litecoin after it breaks support near 21 yuan.
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