I feel as if we will hit the final wave and move upward before we start seeing a correction back towards $300 range. From there we can probably resume a normal 45 degree trajectory of growth We are at the cusp of a breakout and it will be exciting times for everyone involved. The recent corrections we have seen, when LTC first hit $100 and dropped to $78 and now, LTC hit $420 down to $250, are minor ones. We can expect one final big break and then we can resume a normal growth trend. Not calling a TOP because with crypto there isn't one. Its pure fomo and emotions.
Everytime we see a massive dip we see it being eaten alive and a fast and quick recovery. I can expect the same with the huge influx of investors and newbs in the market. I get phone calls on the daily in regards to crypto and it has getting to become a headache :P haha. Regardless more money to be made. Simple TA here, nothing fancy . Expect $400-550 soon, minor/major pull back depending on the market. Then we can go from there. I can expect bonuses and tax refunds pumping into crypto. We are still at infancy and LTC will go to $1000 Q1-Q2 2018.
Going to be fun times. Go ahead and accumalate in the mid to low $200s. Strong support at $300 on GDAX so you can intiate small position from there. We can expect movement in the next couple days. Historically, most of my TA's are effective 1-2 days prior :P
Also ppl will comment and say...wtfk... u called market correction then now u are saying its moving up. What i said in bold on previous post is that we are 80-85% of the way from a major correction. We still have 15% more of crazy and $$$ to go.
Ready to make some $$$?? have patience. Everyone selling in the mid to low $300s are chumps and will feed the fomo bullrun (:
Give it time. $400-500 is close. Patience is key