shubbs

Litecoin long term logarithmic chart; sideways consolidation

Giá lên
BITFINEX:LTCUSD   Litecoin
In 2015 Litecoin went from $1 to $8 in June-July. It then went into a long sideways consolidation move between $2.50 to $6 all the way to March 2017 for almost 2 years. Something similar has just happened in Litecoin this year as it has spiked from the Dec 2018 low at $22 to near $100 this week. I've illustrated that this pattern could be repeated. Litecoin could once again enter a long sideways consolidation pattern between say $35 to $75 until early 2021. It could then break this long symmetrical triangle to the upside in 2021. The break up in 2017 yielded more than a 100 fold move as Litecoin rose over 100 fold from $3.50 to $370 in 9 months. This time Litecoin could rise 100 fold again from say $40 to $4000 in 9 months by the end of 2021. Time will tell.

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.