Hello!
To be honest, this is my first post on the Steemit network and I just wanted to give it a try. I plan to use this platform to share important crypto updates as well as technical analysis on a variety of cryptocurrencies.
This is going to be a really basic chart markup as I get used to this platform, so for that I apologize.
However, here is a basic channel chart of Litecoin and my projections (based off of more than just what is shown here) for LTC's run up to about $500 mark; during the total capitalization run to $1,000,000,000,000+
Accumulation happening between $210 and just under the $300 price point for a few weeks. We've recently saw some nice added volume in these past few hours and maybe continue to see this back up to the $300 price range.
Any new intraday/week highs will help our bias for a push to $500.
As always; this is just my opinion and should not be taken as any sort of financial advice.