My LTC analysis was DEFINITELY not involving these values, I was so bearish that I did not even consider the 90 above case. There are tons of reasons behind this which I wont be addressing. However I wanted to post a chart about the current situation. A good friend of mine is holding some LTC so I thought it is a good idea to check this out.
Even though I am a bear (still), I projected the bullish and the bearish scenarios.
From here I am expecting a dump to 60-70 usd which can stop and turn back to bull. Both the halving and bitcoin manipulation can move us higher to 200 usd but I think it is not likely to pass this level.
Green dashed line is the bull and the red dashed line is my bear scenarios.
I think the real bear is still here and waiting for the right moment to crash us all. I am still expecting 10ish usd before the next crazy bull run. Of course it can directly go to the moon from 200 USD, everything is possible and time will show us.
Always use stop loss my friends (mental is ok too :) ) Do not go all in.
PS: trading eos and eth
Even though I am a bear (still), I projected the bullish and the bearish scenarios.
From here I am expecting a dump to 60-70 usd which can stop and turn back to bull. Both the halving and bitcoin manipulation can move us higher to 200 usd but I think it is not likely to pass this level.
Green dashed line is the bull and the red dashed line is my bear scenarios.
I think the real bear is still here and waiting for the right moment to crash us all. I am still expecting 10ish usd before the next crazy bull run. Of course it can directly go to the moon from 200 USD, everything is possible and time will show us.
Always use stop loss my friends (mental is ok too :) ) Do not go all in.
PS: trading eos and eth