jonnyfram
Long

Litecoin lift off

KRAKEN:LTCEUR   LTC / EUR
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5
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If i realised how bullish litecoin would end up I would have eaten it up when it was less than 6 eur... Hindsight.

Anyway, this chart demonstrates that there is potential upside and also potential for a brutal selloff that will eviscerate those who are not careful. Just scroll back to the first listing on Kraken.

Ichi is bullish on 4hour, daily and weekly. Stock RSI is crazy oversold on the monthly but that is to be expected with the 10 bagger move LTC has already pulled off.

There is a nice channel on the weekly, so I think at the very least we can expect 35 eur LTC by july and perhaps even triple digits as LTC participates in it's own parabolic euphoria.

Keep your stops nice and tight on this bronco, worth picking up on the dips of the increasing volatility we will like see going into the summer.

Good luck.
Comment: first target reached faster than expected. lets see where this goes now.
Trade closed: target reached: didn't follow this up- but all targets reached.
it certainly seems so
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