Griffin0318

LTC, slingshot engaged!

Long
BITSTAMP:LTCUSD   Litecoin
looking at past resistance and support levels, the blue line represents the potential future path of Litecoin.v Please remember when I say long, I mean in a matter of weeks, months, and even a year. My long positions are not day to day positions.

Obviously, don't think the blue line signifies the timeline as well, but rather a probable path towards the next ATH.

This weekly chart represents a nice W pattern to represent we have bottomed (higher low) at ~$35. There will be upwards momentum as well as some corrections as we progress towards the path of financial freedom.

Let me know what you think or opinions on what Litecoin will do in the coming weeks and months.

TG

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.