I don't know if I believe in this chart, but it's telling me LTC +322% to $1047 by Jan 15th 2018 (11 days 16 hours from now).
Could it happen? Maybe.. I just don't have a lot of confidence in LTC ever getting that high. So.. high risk, high reward?
Could it happen? Maybe.. I just don't have a lot of confidence in LTC ever getting that high. So.. high risk, high reward?
Note
Bullish flag turned pennant.. it won't drop below $210 now.. before it bounces and probably breaks out upward.Note
Breakout was slightly delayed, but still a clear breakout. It's a pretty crazy prediction, but it's what the charts show me. I am not holding much LTC at all and I rarely trade it, but I may for this one.Note
Update, showing we're nearing a breakout for upward movement and new target around $560. Due to the holidays, this may take a little longer to achieve and only if we break from this triangle and confirm the direction.
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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.