Litecoin to bottom near $4.5, Rally to $7

١٢ أغسطس ٢٠١٤

This is my short term prediction for litecoin. I think the bottom will be found around $4.5 and after some panic selling and capitulation, we will rally to around $7. This is just a prediction for fun and I am not using Strict TA to make these predictions, they are just from past observations I have made. I closed my short and will go long at some point when I feel the bottom has been reached.