Litecoin went from 1.50 to almost 8 USD during first halving and that was the middle of a bear market with bitcoin. Litecoin gained 0ver 400 percent in USD terms and 300% in Bitcoin terms. I expect something similiar in the next few months abit it will be a smaller % ROI gain.
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Ok, so if you have followed me thus far. Your up about 40-50% in USD terms and about 30% in bitcoin terms. Take some profits now. This is a bear market and we don't want to be greedy. Litecoins 200day ma is around 47-50 USD so I expect us to fall back down to find support at the .01 bitcoin range or about 30-37 dollar range and hopefully find support before a larger rip later into the future ; ).
Amazing. It's following your prediction closely... But why do you expect a retracement back down to the $27 area before taking off to $72 ?
rambogoham1
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@Profitaker9, 200 day ma is still 47-50 USD right now, needs to find more support before a rip above it...me thinks to second halving... We will see how the months play out though haha
rambogoham1
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@Profitaker9, and yes, I took some profit here. It's up about 20-25% against bitcoin. and about 40-50% against USD.
This call is FUCKING MINT! Ages so well... just like you ;)
-Ryan