Downtrend for LTC means 2019ish uptrend
Ive been following LTC for almost 2 years now. And I have some strong feelings on it. Do I think it is a coin that has a purpose? no. I think, the development within LTC isn't specific to that coin. IE the same developers could do the same work under a different "brand". Do I think because of it's value and its fame it will be around for a ling time to come? Yes, I think LTC was going to break out huge this year. I think 80$ was hyst the start to a massive bull run . But I also think that run as been delayed until the next cycle in January.
Big whales didnt become rich off making the small bucks. Or betting on big gains. There get the bottom dollar price and sell for the ATH. They also know when to get in and when to get out. (because they are creating the waves that trigger trends by definition)
SO, I think they had a plan to bring LTC down from 140 to 20$ and then buy and bring it back to pass 140
but then COVID 19 or w.e. hit and everything crashed
The pump and dump worked before so why not do it again. This is why I think we will hit 20$ and the moon. Cuz that's what makes the whales the most money.
Big whales didnt become rich off making the small bucks. Or betting on big gains. There get the bottom dollar price and sell for the ATH. They also know when to get in and when to get out. (because they are creating the waves that trigger trends by definition)
SO, I think they had a plan to bring LTC down from 140 to 20$ and then buy and bring it back to pass 140
but then COVID 19 or w.e. hit and everything crashed
The pump and dump worked before so why not do it again. This is why I think we will hit 20$ and the moon. Cuz that's what makes the whales the most money.
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.