Litecoin has entered the Launch Pad

I'll be buying in here because LTC has entered my launch pad.

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Note this is not financial advice, I'll be taking a shot at these levels and will be sticking to my previous chart.

You are free to agree or disagree, if you disagree let me know why.

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kenneths, Fingers crossed? I am not gambling. I truly believe in a rally. If you want the biggest gains, you have to buy before everyone else.

I can't really reply to anyone because my comments get automatically deleted by moderators... have no idea why.

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Good to see LTC at least rising in LTCBTC so far.

I really feel like if the double bottom is the low, then LTC is going to get squeezed and eventually go to the moon.

There really isn't much room for LTC to go down, fairly confident buyers will rescue it in the worst case scenario at the double bottom. Not much of a reason for it to get there other than back to back FUD.

We are looking at either a range of 105 to current price, or a range of current price to around ATH. Buying in here gives you a 2:1 odds at a gain if you're thinking long term.

This is calculated by [1 - |105 - 180|/|180 - 420|]
[1 - |double_bottom_price - current_price|/|current_price - all_time_high|]

Even if you're $200 bag holder, you aren't in bad shape here.

Maybe in the coming days I'll give my price target for LTC in 2018.

Order cancelled

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Looking back at this chart, thanks to LItecoin cash (a shitty scam fork), my entire read on LTC was screwed over. I thought LTC broke the down trend meanwhile the big green candle that day was people buying aggressively on the exchanges to get their Litecoin cash and sell it on yobit. It was a false break out which leaned me towards bullish when I shouldn't have been bullish at all. LTC quickly was dumped, it won't be seeing $250 anytime soon.

UnknownUnicorn1000353

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UnknownUnicorn1000353