Been monitoring this all day, I think LTC is due for a breakout real soon, now seems to be the time to hop on the train if you haven't already. Thoughts and feedback? And if you like what I post, don't be afraid to give me a follow
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And don't be afraid to like my stuff, I'm trying to get 50 rep points so I can communicate with you guys in the chat
Its correcting, so buying now would put you upside-down until it hits the support levels which some say is from $200-240.
heesung73
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Good buying opportunity for the next couple days?
NHickman
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@heesung73, I would say yes, it could break up or down into the high 200's, but if you are in for the long run when this shoots up over 500 and potentially 1000 next year I think you will be happy
NHickman
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@NHickman, Obviously, always do your own analysis and make a decision that best works for you
asish.asish12
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This might or might not happen. Both the drawings happened when Bulls double downed. This cannot happen with a retail investors.
In my opinion those two breakouts were fueled by Charlie lee's marketing campaign and investors switching from BTC to LTC.
LTC might do a sideway movement for about 2 or 3 days before it can do anything.
NHickman
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@asish.asish12, Thats true, I'd agree with the potential sideways movement. I guess I'm probably rather optimistic about the crypto space.