This is an updated chart with new lines from what I have had previously. This is based on the opinion that LTC will follow relatively the same patterns it has followed in its first halving. In the short run, a final push to 180 is in the cards, but in the 6-8 weeks before the halving it could drop 70% and stay stagnant for a while, until it meets the bottom of the long black uptrend channel and the real bulls arrive bigger and baddier, shooting up to 5k in a move similar to its rise to the 380-420 range.
This is a long shot, especially since I'm pointing to a target in 2021-2022. This will obviously need adjusting as time goes on and circumstances change.
Not financial/trading advice. Entertainment and opinion only.
This is a long shot, especially since I'm pointing to a target in 2021-2022. This will obviously need adjusting as time goes on and circumstances change.
Not financial/trading advice. Entertainment and opinion only.