📊 Legendary Trader John Bollinger Puts an End to Speculations About This Cryptocurrency 💥
John Bollinger, well-known trader and creator of the Bollinger Bands indicator, recently answered questions about his opinions on Litecoin $LTC . This came after his latest comments on the price movement of this Bitcoin alternative sparked debate. ⚖️💡
Bollinger highlighted that the "W" patterns of the Bollinger Bands, a technical analysis tool he created, accurately predicted Litecoin's recent price increases. This pattern, which forms two distinct lows that resemble the letter "W," usually indicates a potential uptrend. 📈🚀
However, his bullish stance towards an altcoin caused discontent among Bitcoin maximalists, who flooded his replies with messages claiming that anything short of $BTC is going to disappear. Bollinger responded by clarifying that his strategy is not to hold Litecoin $LTC indefinitely, but to base his decisions on technical analysis and actively trade. 🔄📉
“Who said anything about holding?” Bollinger replied, reaffirming his focus on trading based on market signals, rather than passively holding assets. This response not only clarifies his position on Litecoin, but also reinforces his trading philosophy amidst the ongoing debates within the crypto community. 💬💼 #Litecoin #LTC #Bitcoin #Write2Earn! #Altcoins