LTO Network: Your Altcoin ChoiceA bullish wave follows a correction.
The end of a correction signals the start of a bullish wave.
What we have here is the long-term LTO Network chart. The last part is clearly a strong correction. After this correction a bullish impulse will develop. 5-up waves. 1,2,3,4,5.
Last week LTOUSDT produced an All-Time Low. This session also have some of the weakest volume ever for a major move. Lower low on low volume means that the bearish move reached its end. If the bearish move is over, what happens next?
This is the stop-loss hunt event. All LONG positions liquidated. All spot stop-loss orders activated. Full market flush and reset complete. With this move, literally millions of participants left the market, they will trade Crypto no-more. They will have nightmares when you mention Cryptocurrencies for years to come. But not all is lost.
At the same time that the bearish cycle ends, this heralds the start of a new cycle and bullish phase. It will be great.
Just as the market can hit new All-Time Lows when the bears are in control, the market can hit new All-Time Highs when the bulls control the game.
The time to buy is now.
Once you hit bottom, there is no other place left to go but up.
LTO Network already hit bottom, so we can be sure that soon enough we will experience a new phase of growth.
The action won't go full green right away. The bull market will not happen as the C wave of the current corrective phase, no. It tends to build up slowly for months. Months sideways, growing, slowly; higher highs and higher lows.
Some shakeouts happen but still the base, the ATL, stays the same. The shakeouts remove a big portion of the slow and steady growth, but just as fast as the market drops it starts to recover again. The recovery is always slow... It builds up for months and then bullish momentum shows up.
Bullish momentum leads to the first strong bullish wave. After this wave a major correction, just one, strong higher low, strong recovery and then come the bull-run phase.
This is the bull market dynamics in a glance. It will take time but it will be great.
Many people will lose patience and fold.
Some will become bored.
Others will look at the screen, track the market but will never buy when prices are low.
Then, suddenly, everything starts going up. Some of these people that are looking at the screens and the prices daily, they will be wondering, "Why didn't I buy when prices were low?" "What was holding me back?" "Why didn't I take action?"
You don't have to be in that group.
You can be in the group that will end up saying, "Wow, this time I managed to secure profits on most of my coins. 10-20X nice. Thank you Master, thanks a lot for your continued support!"
But you have to start today.
If not buying, start planning and then take action.
Thank you for reading.
Namaste.
