LTCUSD First publish 4hr bollinger bands
We used the lower Bollinger bands as resistance for what feels like quite some time. Also LTC has not risen above the upper Bollinger band since it's parabolic rise. I think trading above the Bollinger bands could mean we continue to uptrend and consolidate. What will spark the next bull run, i can not see based on the charts. Charlie lees tweet the other day seemed to have halted the slow bleed just above $200 and it seems that there is a tie strongly to his voice and the price (something he himself admits). Could another tweet of his effect the price? Was it coincidence? Will buyers all of a sudden bid up the price and confuse the bots long enough to establish some green candles?
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.