Litecoin - why $13 is coming (trendlines + calculations)
Some info needed to the graph:
50.5% comes from what I'm guessing bitcoin to fall. 42 USD is current price of litecoin.
(I could be totally wrong)
The link below has another perspective of the same thing...
ملاحظة
I was sleepy during the calculation. The target for bitcoin should be $1170. Same calculation then yealds: 1170/2511 = 46.6% 66.8% * 46.6% = 31.1% 31.1% * $42 = $13.07
THAT IS EXTREMELY CLOSE TO $13 !!! WTF!?
ملاحظة
The ratio is actually going down... But not in the way I expected... I was right about this, but I seem to have no clue about cryptos... You should unsubscribe at this point, it's getting silly. I'll continue with the inaccurate analysis posts.
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