LTO/BTC Trade Setup 78% PROFIT POTENTIAL (RR- 1:12)

By Cryptorphic
Updated
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.
Chart PatternscryptorphicTechnical IndicatorsLTOltobitcoinLTOBTCltobtclongltobtcshortltonetworkLTOUSDTTrend Analysis
Cryptorphic
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