Litecoin: A Big coffe cup ?
Updated
Hello, this is my first time prediction, so any feedbacks are welcome.
To be short, I believe LTC will rise again after the recent downward trend. It may fall back a little bit near the day 1st August. In the event that UASF (or Segwit2x or what ever it is to help solve Bitcoin scalability problem) is failed to be implemented, then LTC will be pumped to the moon for a long long time.
My Chart is inspired by Ripple-Cup-and-Handle chart which turned out to be very accurate few month ago.
To be short, I believe LTC will rise again after the recent downward trend. It may fall back a little bit near the day 1st August. In the event that UASF (or Segwit2x or what ever it is to help solve Bitcoin scalability problem) is failed to be implemented, then LTC will be pumped to the moon for a long long time.
My Chart is inspired by Ripple-Cup-and-Handle chart which turned out to be very accurate few month ago.
Note
The Cup was true but not the Handle. It's like a double top or Head and Shoulder pattern right now. I'm afraid that the missle launch has to be canceled. More update in my "LTC wildest dream" post
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.