UnknownUnicorn788630

LTC bubble has popped; #REKT left and right. Sub $10 coming.

Short
BTCE:LTCUSD   None
I hope everyone took my last advice and shorted/sold all his litecoins.
The bubble has popped; the token is back to its useless-status. It's currently trading below $20.
The fact that it didn't pump during this year's LAST mega-rally was an obvious sign that it would not shine anymore.

LTC is almost trading below 0.01 BTC again, from a previous high of 0.024 earlier this year.

I expect LTC to trade below $10 by mid-June 2017.

Anyone who thinks LTC will rally again or ever be worth above $25 again is delusional. This was the last pump in Litecoin's existence and it merely served to acquire bitcoins for the rally to $2800. And now both are crashing, but this pump-n-dump coin even more so (and rightfully so).

I hope you didn't buy above current rate because chances are you will never make it back. LTC is known as a shitcoin because of its complete uselesness. LTC having segwit won't make a difference for its price.

You have been warned.

Great regards,

FUDERICK
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.