We are witneseeing longer term long position inventory liquidations by the holders who opened at or around August 18.
Based on the move away from fair value that LTC is displaying and the weakness manifested in BTCUSD as well, I conclude that this pair will take a beating and reach new lows.
My forecast is a halving of the previous accepted value, so targetting 0.005865 BTC per LTC in the coming weeks.
Based on the move away from fair value that LTC is displaying and the weakness manifested in BTCUSD as well, I conclude that this pair will take a beating and reach new lows.
My forecast is a halving of the previous accepted value, so targetting 0.005865 BTC per LTC in the coming weeks.
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linktr.ee/ivanlabrie
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Disclaimer
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🔒Want to dive deeper? Check out my paid services below🔒
linktr.ee/ivanlabrie
linktr.ee/ivanlabrie
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.