Hello, this is looking dangerous. If LTC can't pass the fib projection where it maxed out Febuary 2nd and fell down, we may see a large drop ~84.0.
I would not invest in LTC right now, it has been around since 2011 and it is proving to not have much strength. Back in Febuary it dropped 38%⏬ from its ATH of 254.. I think this may be the end of the road for LTC, I could be wrong. To me it looks like reaching a new ATH might be the kiss of death 💋☠, with LTC completing its giant parabola and fizzling out. Another scenario is that LTC is able to maintain above current support triangle, and make a new ATH, unlikely IMO but we never know for sure right?!
This is not financial advice
Any comments, good bad👍👎, happy sad😃😢, are greatly appreciated
Short.
Jazerbay💕
I would not invest in LTC right now, it has been around since 2011 and it is proving to not have much strength. Back in Febuary it dropped 38%⏬ from its ATH of 254.. I think this may be the end of the road for LTC, I could be wrong. To me it looks like reaching a new ATH might be the kiss of death 💋☠, with LTC completing its giant parabola and fizzling out. Another scenario is that LTC is able to maintain above current support triangle, and make a new ATH, unlikely IMO but we never know for sure right?!
This is not financial advice
Any comments, good bad👍👎, happy sad😃😢, are greatly appreciated
Short.
Jazerbay💕
Nota
Keep in mind this is long term short idea,LTC could temporarily shoot up, not likely IMO
Watch closely!
Nota
Apologies, ETH ATH is ~$120 higher than stated above,that being said, I still feel this is a good possibility, watch closely!
Jazerbay 💕
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.