Welcome to the second altcoin trade setup for this week.
LTO/BTC Broke out of the falling wedge channel which is bullish in nature. Currently facing. the 50D ,A resistance
Fundamentals: The team has announced they will be coming up with a good news at the end of MAY (HYPE drives the price to the upside)
If this 50 MA Resistance is broken we can see it rallying for 68%.
Here's the entry and target zone:
ENTRY: 376 TO 407
TARGETS: 453 509 545 595 662
STOP LOSS: 352
RR-> 1:12
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Stay safe
#PEACE
Comment
No changes yet. even If btc dips I'll hold it until the SL is hit.
Comment
LTO is on the verge of a breakout. Hold strong :)
Trade active
90% Targets achieved. Only the last target is pending and it should be fulfilled by the end of this month.
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