ThePuma

LTC Price Contraction

Short
COINBASE:LTCUSD   Litecoin
Unfortunately I believe that we will see a lot of price contraction through 2020. On a major scale, you can see that each swing Litecoin has had has been smaller. After the massive run up in 2017, it only makes sense for price to settle in a bit.

We have a point of control around $56 that will likely be relevant in the coming year.

I'm sorry that this is the thoughts I have to share. I hope that I'm wrong!

Elliott Wave wise I am suggesting something of this nature.

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