Litecoin Breakout or Fakeout?

LTCUSD

When is Litepay going to pour fuel on this fire???

Last time LTC dug itself out of the RED (231 MA) it was in the $50.00 range and held a nice steady uptrend (100% gain) until it broke $100.00 at which point it had a 270% moonshot to its all time high.

Should history repeat itself we would be looking at a climb out of the RED from $195.00 to (100% gain) at $390.00 which puts LTC just above its previous all time high. From $390.00, another 270% moonshot would put LTC right about where it should be now... which is $1,050.00 (In my opinion this probably won't happen before June) But, I would love to be wrong.

As you can see LTC has respected the GREEN 77 MA nicely which is why I HODL above the GREEN and accumulate on the red dips.

Keep an ear to the ground on Litepay news. Announcement of any major vendor's integrating Litepay could tack on 50% before you can say HODL MY BEER n WATCH THIS COIN!

Buy more whenever it has a decent run and pulls back to touch the green line... AKA the MONEYLINE!