Lorenz_Capital

Litecoin - Catch The Knife

BITFINEX:LTCUSD   Litecoin
If history repeats, keeping a close eye on this LTC weekly chart could pay off nicely. I believe we are in the wave 3/3 or the correction dump, and there is still a possible 30-40% downside left, before we see the bull response everyone is waiting for. The weekly oversold RSI is a solid by signal, but it may pay off to be just a little bit more patient here. $20 will be a gift to any long-term crypto investor, and anything underneath that will be gravy.

This is highly speculative, forecasting into Q2 2019, so keep that in mind, but i do see a potential 250% return potential, with under 2 year holding period - quite attractive.

I will be updating this idea with future developments, stay tuned.

Hit tumbs up.

Thanks,

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