As you can see in the daily chart, we are currently at the upper band. At a level which we have not seen since February 11. In addition, we have the RSI on the residual currently showing a negative divergence (see black lines). Historically, the combination of overbought/oversold on the Bollinger bands and a negative divergence have led to good entries.
In my opinion, trades pro LTC are to be favored over the bitcoin current environment.
In my opinion, trades pro LTC are to be favored over the bitcoin current environment.
Note
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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.