Litecoin is still correcting in this Market and as Bitcoin Corrects, So will Litecoin and we are slowly going to drop down into this Market. Litecoin's price point will be around 100 usd near end month.. followed by a short Rally. I am estimating Litecoin to make a low of 62 this year. All Bears should be ready, and all Bulls should not be left holding the bag while the Bears feast. As Bitcoin continues to struggle and no one is buying this high, it is without question this will occur. Time scales are not exact, please bare that in mind the price is headed that way but we don't know exactly when the price target will hit.
TP 1 106 usd
TP 2 82 usd
TP 3 62 usd
Please see chart for an example.
TP 1 106 usd
TP 2 82 usd
TP 3 62 usd
Please see chart for an example.
Comment:
Litecoin's fractals are working a little (I tried to rotate the fractal but TV doesn't allow that feature but they should) If rotated, this would have matched fairly well so far.
Comment:
TARGET REACHED