40 days of accumulation have occurred
Since the LTC/BTC ratio broke below .004, the accumulation / distribution indicator has been rising (on Poloniex). For the last 40 days, traders have been acquiring Litecoin. Today, over 1.6mm+ LTC were bought on Okcoin, which is an unusually large amount of coin. Buy volume is increasing and sell volume has decreased.
I am bullish.
I am bullish.
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.