Post
Topic
Board Altcoin Discussion
Re: Litecoin predictions.
by
alphacenturion
on 08/07/2015, 21:44:58 UTC
>2015
>Chartists on Bitcointalk
>Not even showing the full chart to see where all these trendlines originate from

>Yes, that is the current year. Congratulations.
>We prefer the term "chart enthusiasts", thank you very much. Please dont use racial slurs.
>The chart is not about the trendlines, it's about my own opinion on what I think Litecoin will do, not where the "trendlines" (those are lines that I pulled out of my ass to help illustrate what I think will happen) originate.

Feel free to publish better charts. Or you can keep bitching about free content.

Hello,
i disagree with your 7usd prediction, because i cant see the rules you extrapolated that value from.
Its difficult to find a good chart, thats true. In fact i must pimp a chart with my graghics programm PSP.
chart is from from http://www.cryptocoincharts.info/pair/ltc/btc/btc-e/alltime
My Target prediction is  really converative based on Trendlines / Trendchannels.:
0.050-0.070
This value range can also be reached when you apply fibonacci extensione. (sry i cannot do it in the image)
for example when you  calculate the first extension Level of 1.271 to the last High of litecoin (0.050) you get a Target of 0.0635 .


greetings


Thanks for this - it's similar to my thoughts.

My thinking is rather than taking the fib extensions from the high of ltc at 0.05 - I have taken it from the closing high at 0.042 and therefore not quite as optimistic. I have not posted here in quite some time but have been accumulating a decent sized stake in LTC since November last year. I've been selling small chunks all the way up till now and still have 80% of my original stake left - needless to say I'll be continuing to take profit all the way up, making sure I don't get caught hodling the bag like I did on the first DRK pump.

We are still early to the game my friends - plenty of time to profit. Enjoy.