(Test Post) Litecoin LTC - Technical Analysis - Re-accumulation Period

in #litecoin7 years ago

Hello!

To be honest, this is my first post on the Steemit network and I just wanted to give it a try. I plan to use this platform to share important crypto updates as well as technical analysis on a variety of cryptocurrencies.

This is going to be a really basic chart markup as I get used to this platform, so for that I apologize.

However, here is a basic channel chart of Litecoin and my projections (based off of more than just what is shown here) for LTC's run up to about $500 mark; during the total capitalization run to $1,000,000,000,000+

Screen Shot 2018-01-13 at 11.13.36 PM.png

Accumulation happening between $210 and just under the $300 price point for a few weeks. We've recently saw some nice added volume in these past few hours and maybe continue to see this back up to the $300 price range.

Any new intraday/week highs will help our bias for a push to $500.

As always; this is just my opinion and should not be taken as any sort of financial advice.

Sort:  

Congratulations @byscag, you have decided to take the next big step with your first post! The Steem Network Team wishes you a great time among this awesome community.


Thumbs up for Steem Network´s strategy

The proven road to boost your personal success in this amazing Steem Network

Do you already know that awesome content will get great profits by following these simple steps, that have been worked out by experts?