I don't know if I believe in this chart, but it's telling me LTC +322% to $1047 by Jan 15th 2018 (11 days 16 hours from now).
Could it happen? Maybe.. I just don't have a lot of confidence in LTC ever getting that high. So.. high risk, high reward?
Bullish flag turned pennant.. it won't drop below $210 now.. before it bounces and probably breaks out upward.
Breakout was slightly delayed, but still a clear breakout. It's a pretty crazy prediction, but it's what the charts show me. I am not holding much LTC at all and I rarely trade it, but I may for this one.
Update, showing we're nearing a breakout for upward movement and new target around $560. Due to the holidays, this may take a little longer to achieve and only if we break from this triangle and confirm the direction.
This is very interesting. I'm going to dice up the chart and see what I see. I thought the breakout was going to be last week but I was wrong. It's still in the downward channel. But I have no problem believing in that price prediction. It's just a matter of when. If this is going to happen as fast as what this chart says, I don't think I could even wire money to Coinbase fast enough to buy in before the breakout. Thanks for sharing this.