Looks like LTC is recovering nicely from a WATERFALL movement, last night...(12-21-2017) phew! Almost back up to $300 price range, things are gearing up again for a POP to the UP Side! (Finally)! Buying in on LTC at prices below $260 was difficult due to excessive trade volumes bottlenecking the Crypto-Exchanges. For example many already know that "CoinBase," was overwhelmed with trading that it temporarily halted trading?!?! That tells us that if these bottleneck issue can/could be resolved then the prices more most Cryptos would already have reached well beyond what most would consider "reasonable,"i.e. the MOON?!
Cross your fingers and Make a Christmas Wish!!! LTC all the WAY!!! ; )
Cross your fingers and Make a Christmas Wish!!! LTC all the WAY!!! ; )
If you wish to see what I am talking about...just google/search..."Elliot Wave," ABC Retracement...then select "Images". You should get an idea of what we may see forming up, as we leave once "Market Structure," and begin to enter a "NEW Market Structure," where we should see Higher Highs, and Lower Highs than the previous Market Structure we are leaving. ; )