Contracting Bollinger Bands.
Should be a relatively explosive move coming up.
Direction is difficult to say.
If break up, target is $340.
If break down, target is around $250.
My guess is bullish, but it is difficult to say with LTC.
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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.