LTC - Long Term Estimates
Updated
Assuming we will form a C&H pattern and given the current trends, support & resistance levels, I am planning the following moves:
Target A - Entry @ 54-56 (by midnight 10/22/2017 EST)
Target B - Sell @ 90
Target C - Buy @ 75
Target D - potential resistance and may go sideways for a while (scalping possibilities)
Target E - Close @ 150
The main cup may still be pushed to the right, whereas Target B may be reached in Dec rather than Nov. Once BTC/BTG have been tested in accordance with the agreement between Roger Ver & Charlie Lee - and proof of ownership has been established between these coins: I expect an exodus back to LTC & ETH, which will form the upper part of the cup.
Trade active
Target A entered @ $53 - now holding and maybe scalping if in a channel
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