Litecoin, Breakout confirmed!

in #litecoin7 years ago

Sorry for all the post, but I haven't seen a massive run this quick in quite awhile.

The fireworks have started earlier than expected and the fireworks show is the litecoin show!

The price has been constantly moving up and it seems after every time I post, 5-10 mins later it's already up another $1+!

Basing it off the 4hr chart, I can and will assume we test $48-$50 today, we may not break $50 but I can see that we do test $48-$50 today!

The chart is just moving and in last 24hrs, Litecoin is up 10%. It's outperforming Bitcoin, and Ethereum!

Today, Litecoin may set history cause this thing is already breaking daily highs, especially today! IMG_3723.JPGIMG_3725.PNG

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Resistance expected at $47.73. If price breaks and close above, it will form a potential support. Price will most probably retest the $47 area and then potentially sky-rocket to $100. I believe we might see Litecoin hitting close to $100 if not before the 1st of August.

That would definitely be nice. I don't have much Litecoin - maybe it's time to buy more!

Litecoin broke the support I was talking about. lets wait for a retest as support of that level and see whether its going to fly!

Awesome...were ready to fly !

Let's keep an close eye on it. No resistance to the top so lets so how eager people are to push the price higher.

Happy trading/investing

Agreed! to the moon.........