LitecoinLong
What if LTC repeats its pattern from 2015-17?
I've showen the LTC monthly chart. You can see LTC followed a sideways range between $3 to $5 post halving in 2015 for about a year and a half and then broke out in March 2017 and skyrocketed from $4 to $370 in nine months. What if this happened again? What prices could we expect going forward in time?
I wrote down the lows and highs of LTC from April 2015 to Dec 2017. I've noticed the pre halving and post halving LTC pattern this year from March to August 2019 has mimicked the pattern from April to Sep 2015. The average of the price comparisons for these six months is the 2019 prices are 37.8 fold the 2015 lows and 32.2 fold the highs of the 2015 highs. What if this rough numeric fold continued for the rest of this bull market? What prices could we expect?
DateLTC Low LTC High
Mar-19 $45.75 $64.20
Apr-19 $60.80 $99.43
May-19 $73.46 $122.07
Jun-19 $98.17 $146.95
Jul-19 $75.88 $127.00
Aug-19 $70.13 $107.11
Sep-19 $75.32 $134.92
Oct-19 $109.62 $173.56
Nov-19 $123.61 $140.07
Dec-19 $109.62 $117.21
Jan-20 $113.78 $111.09
Feb-20 $120.96 $138.46
Mar-20 $136.84 $156.49
Apr-20 $136.84 $156.49
May-20 $132.68 $192.88
Jun-20 $147.42 $150.37
Jul-20 $130.79 $129.44
Aug-20 $140.62 $132.34
Sep-20 $142.13 $132.34
Oct-20 $135.70 $135.56
Nov-20 $113.40 $150.70
Dec-20 $137.21 $152.63
Jan-21 $136.46 $132.02
Feb-21 $141.37 $254.38
Mar-21 $247.59 $563.82
Apr-21 $610.47 $1,259.34
May-21 $812.70 $1,609.68
Jun-21 $1,346.06 $1,786.13
Jul-21 $1,519.56 $2,391.49
Aug-21 $1,226.61 $3,017.78
Sep-21 $1,812.13 $2,265.59
Oct-21 $1,852.96 $3,309.52
Nov-21 $3,057.64 $11,939.12
Notes:
1. LTC stays in a rough range from $70 to $150 until Feb 2021 then breaks out.
2. It breaks it's $370 all time high in March 2021.
3. It reaches $1000 for the first time in April 2021.
4. It triples to $3000 by Aug 2021.
5. It triples to quadruples to almost $12000 by Nov 2021.
6. Also notice how I believe the Elliot Wave pattern has gone the past few weeks for BTC on the lower time frames.
I wrote down the lows and highs of LTC from April 2015 to Dec 2017. I've noticed the pre halving and post halving LTC pattern this year from March to August 2019 has mimicked the pattern from April to Sep 2015. The average of the price comparisons for these six months is the 2019 prices are 37.8 fold the 2015 lows and 32.2 fold the highs of the 2015 highs. What if this rough numeric fold continued for the rest of this bull market? What prices could we expect?
Date
LTC Low LTC HighMar-19 $45.75 $64.20
Apr-19 $60.80 $99.43
May-19 $73.46 $122.07
Jun-19 $98.17 $146.95
Jul-19 $75.88 $127.00
Aug-19 $70.13 $107.11
Sep-19 $75.32 $134.92
Oct-19 $109.62 $173.56
Nov-19 $123.61 $140.07
Dec-19 $109.62 $117.21
Jan-20 $113.78 $111.09
Feb-20 $120.96 $138.46
Mar-20 $136.84 $156.49
Apr-20 $136.84 $156.49
May-20 $132.68 $192.88
Jun-20 $147.42 $150.37
Jul-20 $130.79 $129.44
Aug-20 $140.62 $132.34
Sep-20 $142.13 $132.34
Oct-20 $135.70 $135.56
Nov-20 $113.40 $150.70
Dec-20 $137.21 $152.63
Jan-21 $136.46 $132.02
Feb-21 $141.37 $254.38
Mar-21 $247.59 $563.82
Apr-21 $610.47 $1,259.34
May-21 $812.70 $1,609.68
Jun-21 $1,346.06 $1,786.13
Jul-21 $1,519.56 $2,391.49
Aug-21 $1,226.61 $3,017.78
Sep-21 $1,812.13 $2,265.59
Oct-21 $1,852.96 $3,309.52
Nov-21 $3,057.64 $11,939.12
Notes:
1. LTC stays in a rough range from $70 to $150 until Feb 2021 then breaks out.
2. It breaks it's $370 all time high in March 2021.
3. It reaches $1000 for the first time in April 2021.
4. It triples to $3000 by Aug 2021.
5. It triples to quadruples to almost $12000 by Nov 2021.
6. Also notice how I believe the Elliot Wave pattern has gone the past few weeks for BTC on the lower time frames.
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