Quote from: HatakeKakashi on June 02, 2017, 11:22:36 PM

I cant understand the sentences of Op, they said the price of LTC will pump and time to sell noa what is that. Are you crazy? But I believe litecoin this year 2017 will increase because many investor as of now want to invest in litecoin. So its better to buy litecoin now and hold it for few months and for sure you will earn a lot of profit before the end of this year. Thats my speculation only.

Have a look at the weekly for Ltc/Btc ratio. From this perspective litecoin does not look great. How likely is Ltc to reach the top of the downtrend which has enormous resistance at 0.02. I don't think it will. There is a stronger chance that the pump fizzles out and back down to 0.005-0.007. If it can establish this price level as a higher low and go sideways or rebound from here with strong volume we might be able to breach the long term downtrend. For now, I am skeptical and don't believe litecoin will pump anytime soon. 0.01 support will be breach and we will most likely dump to 0.007, 0.005 and maybe 0.003.