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LTOUSD

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.
BINANCE:LTOUSDLong
by NoobTraderTV
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.
Long
by PlayerNonZero
3
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 :)
Long
by PlayerNonZero
5
LTO/BTC (Retest Recent Key Support?)💎Technical Analysis Summary💎 BINANCE: LTOBTC -The small rally from 510s sat has ended after a Double Top reversal -This downfall will likely to retest previous key support area -If LTO can from another base of support within the next few weeks -There is a chance it may challenge to break the recent top -This is a long process so being patient is very important -I suggest studying the chart when there are no trading opportunities A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` If You Like My Daily Published Ideas 👍 A little Help By Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading! ➡️ Thank You! 😊 ``````````````````````````````````````````````
by PolarHusk
6
LTO/BTC (Pullback or Correction?)BINANCE: LTOBTC -LTO is now pulling back after a series of higher lows -If the correction will continue further downside -The major of support need to be watching is around 700-640 sat -This zone is a confluence of previous resistance and support -Also, the 100D MA dynamic support is coinciding around this region -The chances this level will hold is high provided BTC will not dump again ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Thank you! :)
by PolarHusk
4
LTO/BTC 63% profit and now Time to Re entry for another 50%#LTOBTC Chart Update:- #LTO Looks bullish after bounce back from Support level. After some retracement i can expect big Upward move from here. Already 63% Profit from our 1st Entry. But still we can open average buy. Re entry:-520-550 Satoshi Targets:- 637/780/961 Satoshi Short term stop loss for new entry:- 500 Satoshi But i am not placing stop loss. Guys Please LIKE and Appreciate me for my hard work. Must follow me for latest real time Crypto updates. Thank you.
Long
by CryptoPatel
7