Hey guys today I'm going analysis LTO/USDT pair.
1) Price is now in previous accumulation zone and wanna breakout to the upside.
2) Price have good Support level around this zone $0.28 , and we have Resistance level around this zone $0.4.
3) If we breakout $0.4 price level and close daily candle behind $0.4 level, next target would be $0.8.
4) MACD is also giving BULLISH signal in daily timeframe - HISTOGRAM crossed 0 line that's BULLISH signal and MACD lines soon CRISS CROSS each other, that's also BULLISH signal.
4) If price breakout previous ATH, price can go PARABOLIC RUN.
5) PARABOLIC RUN - Targets could be $2 - $3 - $5 - $10.
Hope you guys this TA could help your orientate, I'm very BULLISH to LTO coin, there are a lot of FUNDUMENTAL things have LTO.
1) Price is now in previous accumulation zone and wanna breakout to the upside.
2) Price have good Support level around this zone $0.28 , and we have Resistance level around this zone $0.4.
3) If we breakout $0.4 price level and close daily candle behind $0.4 level, next target would be $0.8.
4) MACD is also giving BULLISH signal in daily timeframe - HISTOGRAM crossed 0 line that's BULLISH signal and MACD lines soon CRISS CROSS each other, that's also BULLISH signal.
4) If price breakout previous ATH, price can go PARABOLIC RUN.
5) PARABOLIC RUN - Targets could be $2 - $3 - $5 - $10.
Hope you guys this TA could help your orientate, I'm very BULLISH to LTO coin, there are a lot of FUNDUMENTAL things have LTO.
Note
1)We formed Ascending Triangle and price Squeezed in Ascending Triangle.
2)We have strong Diagonal Support Line.
3)Soon price will breakout $0.4 level and if close above $0.4, target would be $0.6.
4) If price breakout previous ATH($0.8-$0.9), price can go PARABOLIC RUN.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.