atomantic

Litecoin: Impending Correction or Moon?

atomantic Updated   
COINBASE:LTCUSD   Litecoin
Everyone has a different idea of where the moon is on the map. My litecoin moon is pretty far from here, but if we push through the 56-57 area, we are entering analysis breaking territory (there is no map to where it will go). As always, litecoin likes to push and keep pushing beyond where everyone expected it might go. This should lead to a nice correction, but also tells me the future is good for LTC.

I'm not saying you should buy some right now, because, come on, we are at a top. if you put in an order > $38, it might fill in the next two weeks.
But also, if enough people freak out about Bitcoin pre-august 1st, litecoin could keep growing to > $100 (or higher) before end of July--so maybe those orders won't ever fill?

Litecoin is a great coin to use as a target for your FU/FI number--figure out what that is and set your sell order accordingly.
Comment:
upslope broken. Correction ensues

Comment:
time to start buying more as it falls


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