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LiteCoin - Challenging Bitcoin

KRAKEN:LTCUSD   Litecoin / U.S. Dollar
In this year, we expect a pump similar to the one that was in 2017 and early 2018. It will be similar, but not the same. Institutional investors will not let the market go so high. However, by 2020, enough potential, both technological and commercial, will be accumulated for a good jump. December 2017 highs will be exceeded but not as much as many would like. Our view on the future of this digital asset in 2020 can be seen in the table below.

The growth of this coin would be so desirable as it once started and the price of bitcoin .

In 1D there were 3 waves 2 ups and 1 downs.
We have 3 strong enough resistance that if we break one we will have managed to create a straight bow straight to $180
Elliot Wave is formed from A to C and from 1 to 5 to form rising waves
We still need to look at our chart for a possible $110 breakage.
Trade closed: target reached
Comment removed.
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