<center>https://mentormarket.io/wp-content/uploads/2019/06/litecoin-3344895_640.jpg</center> <br/>So litecoin is outperforming the other big caps in recent days and has made an aggressive push higher. The move is getting a bit extended but that doesn't mean it's about to end. So where can it go? <h3>Extended but extending</h3> To be honest., I was hesitant to get long at 115 the other day because when I look at the weekly chart price looks a bit extended. On the daily chart it looked fine though, well until now where it also looks extended. <img class="alignnone wp-image-22216 size-large" src="https://mentormarket.io/wp-content/uploads/2019/06/Capture-6-1024x477.png" alt="" width="1024" height="477" /><br/> The reason I say extended is because it has pulled far away from the 10 day moving average (blue line). The thing is it can stay extended for some time. I hate to chase and I won't initiate a long at this moment, luckily I can hold what I already have for the long term and not FOMO since price could keep going. <h3>Upside and Downside</h3> Upside is that big prior peak in the 170-175 area. Downside is 115-120. Funny part is when you look at is that way the risk/reward isn't all that bad. I suppose it is atleast decent odds to gamble on, but like I said I don't chase. I will say that buy side action being strong up into the halvening could certainly be a thing since everyone talks about how that even it a bullish one.....self fulfilling prophecy maybe? <hr /> <center><em>Published by <a href="https://mentormarket.io/profile/?scaredycatguide/">ScaredyCatGuide</a> </em></p> <center><em> on </em> <center><a href="https://mentormarket.io"><img class="size-full wp-image-2374 aligncenter" src="https://mentormarket.io/mentor/wp-content/uploads/sites/2/2018/11/150-blue-Overlay-6.png" alt="" width="150" height="40" /></a></center><center><em>with <a href="https://wordpress.org/plugins/steempress/">SteemPress</a></em></center><center><em>https://mentormarket.io/cryptocurrencies/scaredycatguide/litecoin-rips-through-120-sets-sights-on-170/ </em></center> <hr /> <p style="text-align: center;"><a href="https://mentormarket.io/about/terms-of-service/"><img class="alignnone size-full wp-image-2373" src="https://mentormarket.io/mentor/wp-content/uploads/sites/2/2018/11/Disclaimer.png" alt="" width="750" height="125" /></a></p>
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Yo my dude I got in yesterday morning with half my proposed investment . I am now waiting on the next few days price action to spend the other half . Hope you well calypso crypto. Posted using [Partiko Android](https://partiko.app/referral/stickchumpion)
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Calypso Crypto hahaha. And wow, hope this thing keeps running for you. I was looking at grabbing more LTC at 115 and wussed out. At this point I'm waiting for a pullback, will just ride what I have in the long-term bag.
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