Long
LTC Possible Large Move

LTC has been a weird one chart wise up through this time.
Bollinger Band analysis seems to provide the clearest insight into a potential pop.
Note:
Bollinger Band analysis seems to provide the clearest insight into a potential pop.
Note:
- Head fake - Bearish candles hit bottom BB and found support to bounce from (Pink Box)
- BBW is at a lower extreme (Blue Box) - the tightening of the bands should open up and give way to upward movement
- Look for weekly close above upper BB
Note
Drawn out quite a bit longer than I had expected, but it looks as though we are beginning to see action towards a strong breakout move.Trade active
;*Trade closed manually
Big dumps across the board. Time to watch da red and reset.Trade active
Opening back up long down here. Today's dips seem more and more of just minor correction. Will re-evaluate completely if we get some real heavy down.Related publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.