Looks like Litecoin might be continuing downward for the next few days.
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Looks like ltc is heading down. Very little support until ~150.
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looks like it is hesitating right now but I'm convinced it's heading down some more soon. Expecting a deeper dip than last time, possibly testing $100. Might sound crazy, and I'm sure i'll be scoffed at by all the lambo/moon/permabulls, but they've been wrong since ATH, and are only now accepting that there has been a downtrend. Still, I laugh at them when they see the price rise a little and start shouting 'to the moon'.. only for it to come back down again. It's not that hard to understand, we're in a downtrend, have been for a while now, and it's safe to expect it will continue to go down... all of crypto is completing a massive chart formation - head and shoulders: reddit.com/r/LitecoinTraders/comments/7s30vs/daily_discussion_january_22_2018/dt2nf0t/
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Did not expect 175 to hold this well
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It's looking like my analysis is spot on so far. I would be surprised if it stays that way, but I also wouldn't be surprised if LTC takes a dip tonight.
I think youre right on LTC hitting 100$ only if BTC drops below 9.4k
well see how it turns out.
welliguessso
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@eggycrypto, it's starting to deviate a little from my projection but it doesn't look like it'll go much higher. Like you said, I think if BTC decides to retest ~9k, then we're really talking $100 for ltc.
afreet77
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My body is ready,lol
Thanks man
welliguessso
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@afreet77, ahaha mine as well. Looks like it might be happening now.
@afreet77, yea I think so, looks like it is hesitating right now but I'm convinced it's heading down some more soon. Expecting a deeper dip than last time, possibly testing $100. Might sound crazy, and I'm sure i'll be scoffed at by all the lambo/moon/permabulls, but they've been wrong since ATH, and are only now accepting that there has been a downtrend. Still, I laugh at them when they see the price rise a little and start shouting 'to the moon'.. only for it to come back down again. It's not that hard to understand, we're in a downtrend, have been for a while now, and it's safe to expect it will continue to go down... all of crypto is completing a massive chart formation - head and shoulders: reddit.com/r/LitecoinTraders/comments/7s30vs/daily_discussion_january_22_2018/dt2nf0t/
well see how it turns out.