Bollinger Band analysis for LTC/BTC

POLONIEX:LTCBTC   Litecoin / Bitcoin
Please Note that I am an not an expert trader therefore I am not posting this as a buy or sell signal

It is my fist time experimenting with Bollinger Bands indicator and it looks like it may be a good time to buy with signs of a little move up soon after the massive correction. Litecoin seems to have found some support in this area. However I do not think there is going to be a massive uptrend anytime soon anyway.