ddelli6

history repeats itself? LTC long term view

Long
KRAKEN:LTCUSD   Litecoin
LTC is close to heading up again, in my opinion. It looks to be starting a new bull cycle; very similar to what happened back in early September. I expect a bull run beginning in early June on our way to the next high of 267, which matches up with .618 fib retrace. I am long here, so i will be holding until 267. There might be some bumps and hiccups along the way, but it should be a pretty straight shot as whales manipulate price and trap more money into the Crypto-space. I expect another large shakeout taking us back down to or near the bottom trend-line, somewhere in the 130 range after it reaches 267. In the mean time, I am holding my coins until the next run up.

This is not financial advice, just my opinion. Thanks

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