I'm in a low leverage long from ~23k
I have buys lower in the green box and I'm expecting this to be a dip and we continue higher above 25k hopefully
It could continue lower but I'm hoping not obviously because that would be bad
People seem very bearish but I'm not feeling it
Litecoin is currently in a +2000 day range
It could break out one day and if you it'll go nicely, as it did before.
However, one factor worth noting is that the 2021 high was barely higher than the 2017 high while Bitcoin did more than a 3x
This is relative weakness on Litecoin's part
I think it'll break out of the range one day, and when it does the target...
This is the same idea as my last post about my btc long I'm just pointing out what I think will happen.
The left is a daily chart the right is a 15 min chart but the idea could be the same. I expect it to remain mostly flat and it could even dump to ~22600 but I'm obviously expecting it to go up and surpass 25k