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Sporia
Dec 26, 2021 11:11 PM

Litecoin Caution over 1000 Dollars Long

Litecoin / United States DollarCoinbase

Description

A long time ago i discovered a trend line for Bitcoin that stems from the start of the coin. I have posted about these lines for a while now in Bitcoin but they appear in other coins born from 2015-2017 latest. I call these Genesis lines , they always have important reaction events throughout the coins history take a look at the Bitcoin one below .



As you can see this massive trend line was support then flipped resistance , same thing that's happened with LTC.

So if price is entering the red box and coming into the week of May 16th 2022 it will most likely be the best moment to sell , to think we going higher in this zone would be a emotional mistake and way to risky , take profit and walk away , to bet against this mufti year resistance line is a gamble one should not take.


Once LTC closes a weekly above the 0.618 at 270 dollars , it will trigger maximum momentum .



Comments
UnknownUnicorn788630
Wasn't your target $1500+ before? What changed?
Sporia
@Moonsie finding this massive multi year trendline which has been acting as resistance
geekpe
@Moonsie, moonboys...1.5k 1k.them 800usd 500usd
until they realize this is a 2 digit 100low token
TheKitchenTrader
Nice look!
geekpe
dude this dinocoin cant move over 1k is technically not possible need a ot lot alot of money that enter of other coins to ltc
max some around 250 usd if this not is a trap
btc is under 52k and not hold over this range is a posssible trap
if btc go under 50k again 47-48k this could back very fast
to 130 ranges i cant buy dinocoins thinking 1k
fortunekr
@geekpe, hi novogratz. Still trolling because you have nothing better to do? Lol
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