LTCN should be trading close to 12.0 with underlying LTC at these prices. This represents a 40% upside for LTCN just to catch up. It's way oversold here and there's massive divergence on the Daily MACD. BUY BUY BUY. After that it depends where LTC goes but we've seen before that LTCN can trade at huge premiums when shares are under lockup. Massive opportunity for...
Long LTCN Ticker: LTCN Currency: LTC Asset Per Share: 0.09084984 Underlying Value: $13.63 Share Price: $9.20 Expense Ratio: 2.5% Discount: 48.15%
LTCN Grayscale Litecoin Trust LTCN Grayscale Litecoin Trust LTCN Grayscale Litecoin Trust LTCN Grayscale Litecoin Trust LTCN Grayscale Litecoin Trust LTCN Grayscale Litecoin Trust LTCN Grayscale Litecoin Trust LTCN Grayscale Litecoin Trust
LTCN has bottomed. I see it going back to the $260 region likely before October. Entry at $15.97-15.98.
Consolidation wave coming to an end. The next wave higher has potential to touch $32+
This stock trades off LTC grayscale holdings, and nothing much has been happening as of late. But I got a sneaky feeling 5 up is coming soon
Someone is accumulating now on a monthly schedule, which has driven Grayscale Litecoin trust up 20%+ today. Prior, this has been a time for some to pull out but that is the worst time to sell IMHO. If you are underwater, and somebody is putting big money in, then again IMHO you should consider adding to your position. Obviously a great deal of risk but at a 20-30x...
Just an observation, not investment advice or recommendation.
This is impressive. As they say, the best time to get in is when everyone else is getting out. This may shape out to be a massive opportunity, or a boondoggle. Obviously, For what it's worth...
I am beginning to wonder if this will pull back below the all time low of 23? I have been watching this go down for a long time now. So much sell volume as of late and it makes me wonder how many sellers are left? Could be a double bottom but too soon to confirm. No recommendation/just watching. I know we can not predict the weather, but we can know if it is...
At a beautiful fib retracement for a wave 2 down and LTCUSD has a beautiful bowl and at support. This should get to at least $800-1k when it's all said and done, at $74 now.
Buy support, simple chart.
Grayscale Litecoin Trust looks ready to run again I might be wrong - this is not financial advice - Bitcoin is going up and dragging everything else with it. That does not mean people will pile into this right now - but I will buy some and see how it goes and maybe buy a bit more if it drops more.
Pretty simple view, but given the current alt-coin price action lately, Litecoin is benefitting. I'm a little late in positioning here. However I'm entering a position assuming another 50% up from here based on historical activity. That's my risk however and not financial advice for you. Please do your own due diligence and make sure the trades you enter take...
Looking around as I do on a down day, LTCN was up nearly 5% while Bitcoin and Ethereum were down. Price action seems to be moving into a wedge with a breakout expected soon. Keeping a close eye on this one if Bitcoin loses its short term luster.
grayscale will pump this and then split the stock like ETHE.
AND....the trend continues. Nice scalp coming into target zone on the open !