UnknownUnicorn1616991

LITECOIN - Bullish above 90 with target towards 500 - 1500

Long
COINBASE:LTCUSD   Litecoin
This is VERY wide range and I am totally aware of such. I am reading multiple waves and first most conservative target is near 500 mark by end of next month ? That sound crazy but who knows what is ahead of us.

I would not like 500 by next month end as it will be a sudden death, a more gradual approach towards 500 by end of 2018 is preferable.

1500 is not an impossible target and something tells me that *eventually* Bitcoin and Litecoin will be near par in terms of market cap. This means $1500 by end of 2019 is totally doable while Bitcoin suffer from network congestion.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.