Greetings. As always i'm happy to share my long charts. Seeing how i've been developing the price action and sentiment on Litecoin all year its pretty clear to me now that it's November 2021 that the price will move up and same as Bitcoin, Litecoin is in the middle of Wave 5. This is a major rising wedge due for breakout and overshoot to parabolic on or around February 2022. LTC can't get much lower from here, or the bull market quickly converts to Bear Market. But I say we are close. TARGETING a final price of 2590 USD at the very top. This price for Litecoin is not a shocker, especially with the developments Litecoin has been releasing especially MWEB (Mimble Wimble) Privacy, smart contracts, and more.
I am targeting a final dip to 290 - 202 USD LTC. We can not sustain much lower or we will have issues declaring a bull market.
Comment
⋅
Oops, I mean 190-202 as the final dip. SORRY EVERYONE LOL!
Trade active
⋅
190 average has been hit. Would be ideal to keep that as the low... Market not looking so hot but watching carefully.
Comment
⋅
Rumors of OMICRON (anagram for MORONIC) caused a crash. TA invalid due to.
Comment
⋅
Guys this chart was done to troll a chat. Sorry if you believed it! This is not a serious chart. My 2022 charts and 2023 charts are accurate though. Thanks for understanding!
Last line, did you mean 190-202?