MisterCh0c

Bullish heiken ashi on daily ltc

BITSTAMP:LTCUSD   Litecoin / U.S. Dollar
Bullish heiken ashi on daily ltc, I think it should go back to 300 from here. If below 220 it might get rekt
Comment: Perfectly bounced off support. ARISE CHIKUN
Comment: Bollinger band squeezing, still bullish
What do you think is the cause of LTC’s stagnancy lately? Following BTC? Lee’s selloff and the sentiment that created? The rapid rise and just-as-rapid fall? Other?
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MisterCh0c TheGush
@TheGush, I think lee selloff definitely had an impact. But Lee also gave millions of $ to the $ltc foundation for development. According to their twitter account they have some news incoming. I also remember Lee saying something about a "surprise" coming. And the $ltc foundation started a marketing campaign. All that + the chart makes me bullish.
But of course needs to keep an eye on btc, except if news come then it can fly even if btc dumps
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