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wali4
Aug 16, 2019 3:08 AM

LTCUSD final drop, $45?  Short

Litecoin / DollarBitfinex

Description

Could be the last drop... .618 around $45 to finish off the C wave.
Comments
OrangeFury
.618 is more like $68 or $69, not 45
nattain
@OrangeFury, I got that in my count. If it drops further to $45 as per the above chart, it will be a bargain.
pungopete468
@nattain, $45 would be an extraordinary bargain... That's why it's not likely, even at $70 it's a firesale.

Too many people predict another ATH at some point in the future, and not very many people believe that crypto is either dead or dying. Now that we've had the halving, all prior history shows this time period being the vert last consolidation phase before the next peak. Once we see a clear bottom and reversal, the buying pressure will really kick in.
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