LTCUSD - A Doomsday Prophecy; $9 Target

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Hello Fellow Traders,

It is OK to laugh at this. This is an educational post. I am not trading based on this as it is very early days on this pattern, but if this unfolds then we would be looking at a very deep cut. A very deep cut indeed.

If this bear pennant unfolds then LTC's target price would be $9.

Feel free to comment.
Trade active: I took a commentors recommendation and sold it all. If it doesn't break out here there will be much blood.

Comment: It appears that we are on the way....
It seems it is taking the long road. So glad I sold when I did.
It could be a massive descending triangle....

OR a massive falling wedge

You have to trim a lot of wicks for the latter, and the former's target would be $0 haha.
+3 Reply
Please sell all your LTC this instant!
+1 Reply
If LTC turn to be $9,then almost tokens will it happen:?
Miru84 TV-BitRita
@TV-BitRita, if that happens the markets will crash. LTC has a big enough market cap and reputation to correct the whole market
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out