Looks like the current dip is hesitating for 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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I expect the strong support at 150 to fail eventually, at which point Litecoin will possibly retest $140-$120. If that breaks, expect low $100 range. Very slight chance that it retests actually $100, but if it does, I expect it to hold, rebound sharply to ~$150.