CR35

LTC How High Can Price Reach

Long
BITFINEX:LTCUSD   Litecoin
LTCUSD


In this cycle we can expect for the litecoin to reach above $1000, maybe even higher, but probably not above $1500. I highlighted the area in yellow where i personally believe prices will reach in this bull run. We first however have to brake above its all time high to really start booming, but that could happen sooner as we brake above 0.786 fib. extension.
I have put 2017 bull run section of a chart next to, so it is easier to imagine what to expect if history repeats itself, which it does most of the time in natural growing market.
We also formed clear rising trend line support which could be tested again after a bull run, but we probably wont fall through it.

I am not a financial advisor so dont buy anything that a say, it is just my prediction so you know... i can be quite wrong. Stay safe with investments.
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