LTO
LTO/BTC buy opportunityHi followers,
LTOBTC is on the move, buyers are stepping in above support area.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
$LTO, (Strongest 1H volume since June)$LTO
(Strongest 1H volume since June)
Something to watch toward the weekly close as its showing a 60% increase against /BTC over the last 48hs..
UCTS showing a 1D Buy signal as well
Looking for it to break/hodl/flip ~700 sats level as signal of continuation
#LTO
Lto - Long LtoNetwork dropped more than most of the shitcoins despite not being a shitcoin... despite being one of rare projects that has real usage, real revenue, real customers. You could be mad like I am, but we are given a new opportunity. And that is great! Lto dropped more than 80 percent in price since ath. I think price could reach 3$ till the end of the year. At this time I don't believe we are actually in bear market. I was afraid BTC's price would be slowly dropping, but it was a hard drop and now I feel quite relieved. Be careful about most of the projects though. They grew too fast during this bull cycle. Another opportunity is vidt (lto is owner)
LTO Update: Touched red trend line and broke downtrend.Update on LTO:
As stated a few days ago, it was clear that the price wanted to touch the highlighted red trend line. After doing that, it broke the current downtrend and is ready for some upward movement. Any entry point below 0.5 is golden imho.
Pay close attention to the newly formed uptrend bottom line, if it’s broken, then i’m pretty sure it will retest the red line again.
Good luck, and stay safe!
Not financial advice.
LTOUSDTthis alt has corrected almost all (most of the times more than 78.6% retracement) of its value
if you zoom and go to the lower time frames you can see the last 2 cycles are strongly in favor of bulls which corrected as mentioned which means they are getting ready for higher jump and higher values ,new records and new ATH
👉This idea has the confirmation of "advanced price action"
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LTO is getting out of its massive baseIf someone had a look on the LTO chart on Coinmarketcap he would realize LTO has been going sideways for a really long time vs BTC. Even longer than what it looks here. It is very clean and quite strong. It is better to go with coins that have been lagging or go with ones that haven't had a blow off, than those that are heavily correcting aftera massive rally. Also one with good FA.
LTO Bullish Scenario USDLTO is looking very bullish at the moment. As you can see from a FIB perspective, we had a very bullish bounce off the .618 in macro wave 2 correction. The RSI QUICKLY reset for further bullish momentum. With good volume, I would expect wave 3 to target the 1.618 fib level which would put the target at about $1.26. Profit taking can take place at previous high and 1.618 fib levels. Remember this is the daily chart so we would want these positions to take place in the next several weeks for LOW-RISK trading strategies.
In my opinion, the growth in the last several weeks/months has been organic without massive whale movement or manipulation. This is something to keep an eye on. I would definitely start thinking about entering a long here to catch wave 3. BUT, be sure to keep an eye out for the previous high as this is going to act as a resistance until it is broken, which would keep our wave 3 target in place.
LTO Buy Opportunity Soon (fixed)Fixing my idea since the original wasn't clear. LTO uptrend has been respecting the 0.382 retracement level with a hammer forming at the time of publishing this. This means we're rejecting lower prices and is bullish. Watch for a candle close like this or higher for confirmation. This doesn't mean that we will immediately begin to start the next push to ATH, but we will likely see a bounce between here and our volume area of resistance which I posted before -
If the trend remains at its current strength, our next push should be to around $1.12. Just remember this doesn't mean that we'll begin pushing there now, this is just a chance to buy at the lowest dip in its current state. A candle close below the 0.382 will also likely mean we're seeing a reversal pattern.
LTO Buying OpportunityPosting this so people have an idea of what to look for since this could be a great time to buy LTO.
We're currently making a perfect 50% retracement along with touching our yellow upward trend line (anchored vwap). Watch for a green close above these levels for confirmation they'll act as support (I'll be adding more to my position if this happens). Expect to bounce between that support and the green box (volume level) until we see a close above our down trend (anchored vwap). This will likely mean we're making attempts towards the ATH. What's important is we want a slow staircase beyond that level, not a strong upward movement past it which will likely be a false break.
What we don't want to see is a break to the red circle which will likely mean a fall to .53 cents. From here it's iffy whether or not we'll resume an uptrend, but I'm optimistic :)