cryptocraycray

$LTCUSD overextended, needs cooling off before higher pump

COINBASE:LTCUSD   Litecoin / Dollar
GDAX/Coinbase FOMO action way out of control. BTC             also near upper parbolic resistance I have plotted earlier charts. LTC Need some cooling off before this wall st             fueled mania continues.

I'm not saying it's tanking for sure, I'm saying we need some pullback to go higher. it's way overextended. At least a pullback to around $330 or within purple parabolic ascent and then next move higher. If breaks the parabolic ascent, then expect a 50-67%+ retraction.
LTC could easily go to $1k in this mania by ~Jan 24 when BTC I expect to have some major correction. I will be selling into rallies and buying major dips. Don't FOMO!!!
Balas
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