Lite Coin has had a nice rally from the low 100s over the past several weeks, and now everybody is thinking Lambos, Moon, and Retirement.
Let's not forget that crashes occur in waves (up and down movement) and time.
Take a look at the 2013 pattern of the Lite Coin crash. It took 13 moths from top to bottom, with a 93% retrace. Applying that to the last ATH, we will not be finished with this cycle until about Jan 2019, with a low going to about $25 before moving to the next ATH.
"Those Who Do Not Learn History Are Doomed To Repeat It." -- George Santayana
What other TA are you using besides a 2013 pattern?
The_Hungry_Bear
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@croleyjon, please see my other posts in history for litecoin ta.
stevehoos
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@croleyjon, He's using what's called wild speculation.
NewYork888
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@stevehoos, EXactly what you just wrote on my post isn't it? Obviously you're a very stuck long.
stevehoos
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@london55555, Good luck.
magnumv8driver
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Based on your evidence of what happened at LTC's inception before any adoption, use case, or technological improvements, also before most people even knew LTC existed, not accounting for supply and demand at this time, and without realizing that this is a growing tech and not a shrinking one, I will sell all of my earthly belongings and buy in when it hits $25 in January of 2019 due to your very well reasoned and bulletproof argument. I am hoping that your chart next January doesn't say "based on history, before LTC existed it was worth zero, so it will now drop to zero....because those who do not learn history are doomed to repeat it."
The_Hungry_Bear
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@magnumv8driver, lol..or before space time lite coin was worth negative infinity, so it can only go up from here...