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Bitgolder
Apr 12, 2024 12:54 PM

LTCN Following BCHG, Dont Get Shaken Out Here! Long

Grayscale Litecoin Trust (LTC)OTC

Description

I just wanted to point out where I believe we are in the LTCN cycle. BCHG seems to have front run LTCN in this cycle. BCHG broke through the .786 and corrected perfectly down to touch the .7 LTCN is correcting are the .618 where BCHG didnt. So what I see is LTCN is going to break the .786 at $132 spike up to $160 and then come back down to the .7 at $84 before a straight shot up to all time high. Dont get shaken out here right before the massive parabolic rally in cryptos and crypto stocks.

Also something to note is the STOCH RSI and RSI look much more bullish on the LTCN chart where the BCHG chart looks a little more toppy and corrective.

Not financial advice just my opinion. Thank you
Comments
abamazon3
can you give your idea on Tesla stock please ?
Cris305
Blood bath these couple of day trying to stay positive but man getting f up lol with this drop
Bitgolder
@Cris305, I wouldnt stress too much if youre in it for the long haul. The main target is still in tact. A new high will happen with LTCN I am confident of that. If these dips get to you then dont look for a while and just come back in September and look. Nothing can go straight up these pullbacks are needed.
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