SebastianofMoon

Time to look at good ol' LTC again

Short
SebastianofMoon Zaktualizowano   
BITFINEX:LTCUSD   Litecoin
Ahhh LTC, my old friend.
I bought a lot of you back in 2015, and I didn't regret it.

Of course, I was a bit pissed that ripple, ETH, and dash pumped much more, but I don't hold a grudge, because for me,
it all started with LTC.

That is the restart in 2015, because when I started with coins in 2013, I managed to lose all XD

Well, now let's take a look at the LTC longterm picture. LTC is amazing in its perfect exponential decline from the top.
It was the same in 2014-15, and it looks to be the same now.

I don't think that LTC will go through the resistance at 50 USD, I would be amazed if it did.

Then bottom in march-april together with BTC. I don't know how low exactly, somewhere around 10 USD maybe, plusminus.
Could be 7. Could be 13.

Then the halving in Summer 2019, it will be a nice pump I suppose.

If one trades this well, it could promise some nice gains.

Good luck to all !
Komentarz:
I should mention that you can draw the logarithmic resistance also pessimistically, where LTC then suddenly is quite far away still from that line:


Because LTC will just follow BTC, that's what I think will happen within the next weeks with LTC.

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