hello everyone
Something different today, normally I only write about BTC but because of the fact that the chart of BTC and LTC are so similar at the moment, I took the opportunity to give my POV on LTC aswell.
So I'm going to say the same thing as I said yesterday in the BTC-chart. First of all, I'm not negative in the future of both, but i'm convinced that we are not in an ideal price-range to thick your wallet at the moment. In my POV are there 3 possibilities in the near future.
1) the price remains between (130-139) for at least a couple of days or weeks.
--> than I'm very optimistic because that's what the crypto market needs right now, a moment that everyone calms down, be neutral again, start to invest, creating confidence in the investors,...
I'm convinced that we can reach 147 USD and possibly 165 (if volume is big enough).
2) the price goes up to the first resistance at 147
than I'm very bearish, that's when we are going to see big fluctuation/volatility again and then we go back to the first big support at 112 USD
3) price goes down to 112 USD or worse
Then is the confidence in the cryptomarket gone for a very long time if you ask me. it's an ideal buy-opportunity and it would be ideal to thick my wallet. Nevertheless can't we not unsee the fact that the confidence in crypto will be gone, that will have huge consequences aswell.
comments are always welcome!
(this is no financial advice)
Something different today, normally I only write about BTC but because of the fact that the chart of BTC and LTC are so similar at the moment, I took the opportunity to give my POV on LTC aswell.
So I'm going to say the same thing as I said yesterday in the BTC-chart. First of all, I'm not negative in the future of both, but i'm convinced that we are not in an ideal price-range to thick your wallet at the moment. In my POV are there 3 possibilities in the near future.
1) the price remains between (130-139) for at least a couple of days or weeks.
--> than I'm very optimistic because that's what the crypto market needs right now, a moment that everyone calms down, be neutral again, start to invest, creating confidence in the investors,...
I'm convinced that we can reach 147 USD and possibly 165 (if volume is big enough).
2) the price goes up to the first resistance at 147
than I'm very bearish, that's when we are going to see big fluctuation/volatility again and then we go back to the first big support at 112 USD
3) price goes down to 112 USD or worse
Then is the confidence in the cryptomarket gone for a very long time if you ask me. it's an ideal buy-opportunity and it would be ideal to thick my wallet. Nevertheless can't we not unsee the fact that the confidence in crypto will be gone, that will have huge consequences aswell.
comments are always welcome!
(this is no financial advice)