I hope everyone bought the dip, it happened about 15% sooner than I thought. I expected to see $215-$250 before a pullback. If not you can still get LTC and be in profit forever. If you fomo in later than this you will be up and down in profit and be forced to trade or hodl.
Im still forecasting LTC to see a spike above $1500 in 2021. I called BTC being 20K by christmas over a year ago and Im making this call now too. LTC is a Groffuntee.
Weekly golden cross should gain a lot more strength and the weekly 55ema will start to increase the gap over the weekly 200ema, its barely started.
It looks like this price range will be the bottom of the next cycle.
This means this price today may be the cheapest anyone ever gets Litecoin for again. To get Litecoin for this price range you may have to wait until the bull run is entirely over and the bear market has bottomed. The $22 bottom of this cycle would then be followed by the wick to $109 which broke briefly below the weekly 8ema, thus we will never see below $109 litecoin again.
Still all in, I didnt even trade this dip. Too much upside risk still.
Im still forecasting LTC to see a spike above $1500 in 2021. I called BTC being 20K by christmas over a year ago and Im making this call now too. LTC is a Groffuntee.
Weekly golden cross should gain a lot more strength and the weekly 55ema will start to increase the gap over the weekly 200ema, its barely started.
It looks like this price range will be the bottom of the next cycle.
This means this price today may be the cheapest anyone ever gets Litecoin for again. To get Litecoin for this price range you may have to wait until the bull run is entirely over and the bear market has bottomed. The $22 bottom of this cycle would then be followed by the wick to $109 which broke briefly below the weekly 8ema, thus we will never see below $109 litecoin again.
Still all in, I didnt even trade this dip. Too much upside risk still.