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:

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

注释

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.

交易开始

注释

Position has been accumulated. I will be adding more based on the price context as we progress. First and second targets remain $5.386 and $6.761 respectively (pink lines). If we make it all the way through the orange this should actually get fun.