btreehouse

possible scenario for LTC

Long
COINBASE:LTCUSD   Litecoin
Here is a suggestion regarding ltc. I have not worked out any specific dates. This idea focuses more on price. If ltc does not peak near 180.97, it is likely to head toward 194.51 but not necessarily reach it. The downside target would then need to be adjusted to 165.81 to 159.04 if the peak is above 180.97.

My initial thought that we would hit the peak near the end of March then correct for several weeks in April. Then the real big bull market would begin which would be wave 1 (blue) of 3 of 3 (green). I hope you can decipher my crude color coding. This new bull wave would eventually take ltc beyond 200 in short time (probably by mid May).

Remember, this is just a scenario I am entertaining and as the market unfolds, adjustments will have to be made.

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