Paraman666

LTC/USDT - farewell ?

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BINANCE:LTCUSDT   Litecoin / TetherUS
Hard to imagine, but I think, that LTC will be trading below 20 USD at the end of this year. The only thing I see, is perfectly finished ABC correction in downtrend. LTC already dropped below that grey big support, which will of course act as a big resistance. We are oversold on all time frames, so I am expecting bounce, but then I will very likely open SHORT.

I could be wrong, and this actually may be super bullish for LTC and we could be in "1,2 in 1,2" situation, but bearish scenario is looking way more probable to me.

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