If it breaks this pattern, LTC will rally very strongly to $130. However, if LTC declines and forms a 3-peak pattern, it is possible that LTC will fall to the $90 area and even deeper to the $70 area.
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I think it will stay in the $70-$80 range for a while longer before it drops to a low of $60-$65. #ltc #litecoin
@tienminhnguyen, Thanks. I also anticipate it to fall even lower, to the $40-ish area perhaps, which can be considered the spring according to Wyckoff model IMO. Most ideas on here don't consider that is probable, which the market makers will be happy to go against. Let's wait and see then.
geekpe
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@Nem0_N0b0dy, dude...this only follow BTC check bitcoin charts btc need back to 50k range in some point "close" if this happen 50k-60USD is very possible the problem of this d1nocoin crypto 1.0 is that not have much use case is almost like bch pump-dump during euphoria
Nem0_N0b0dy
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@geekpe, I might have a different view about LTC than yours mate. I do think it will have a bright future, but in the short term the trend is bearish.
tienminhnguyen
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@Nem0_N0b0dy, I agree with you, the future of LTC is very good
kecica
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@geekpe, You are very wrong about LTC , (you probably do not know that about more than 36% all paying on the NET are with LITECOIN (and everything work perfectly), and all other "modern" thing have LTC (like smart contract , etc...) and sooner or later LTC will take right place with price which are now much under his value