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 :)
LTOUSDT
LTO Trading Setup - Hasn't taken off yetHere's a quick look at LTO 1 hr chart. The price action has been forming a falling wedge and broke out recently. Watch for a breakout from the level shown in the chart.
The idea is: Buy the breakout from the Symmetrical triangle shown in the chart. Take profits at the level shown in the chart.
Targets:
1. 0.577$
2. 0.6$
3. 0.64$
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BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!
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LTOUSDT (LTO) - POSSIBLE PRICE ACTIONS ANALYSIS 🔎
- LTOUSDT is building up in a descending triangle pattern.
- A relatively big move is imminent.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the descending triangle's inclined resistance.
-Downtrend ⬇️: breakdown below the descending triangle's horizontal support.
TARGETS 🎯
- Uptrend ⬆️: horizontal resistance levels (R1, R2, R3).
- Downtrend ⬇️: fibonacci extension levels.
Buying LTO hereBuying LTO spot here, stop-loss when the price crossed below the trendline
Easy Trading Indicator for Beginners
When the ema1 crosses above ema2, the area will be painted GREEN in color, and a BUY signal will appear. = BUY
When the ema1 crosses below ema2, the area will be painted RED in color, and a SELL signal will appear. = SELL
Area painted with ORANGE color means ready for flipping your position or take profit from your current position
LTOUSDTA volume diversion bar has formed on the daily chart. Fractal is above the 13ema and price has pushed into the high/low 5ema channel without crossing the high. Price is above the 200ema and RSI above 50, which tells us this is an up-trending market. The first target is the last fractal high or a volume diversion bar to the downside. A stop will be placed below the prior daily candle 13-01-2021. Enter on today's candle 14-01-2021. Good luck!
LTO Network Longterm ChartLTO Network is picking up some pace since the lows (BTCValue) of last months (which had to do with the ATH of Bitcoin).
Volume is picking up, RSI looks good and MACD crossover is bullish as well.
Fundamental wise its attracting a lot of new investors and I expect LTO Network to break its previous ATH in Bitcoin value (Sat.)
*There is also a bullish triangle ongoing at the moment which can be spotted easily at the lower timeframes (1H or 4H charts) .
Lets see and review this chart over a few weeks again.
LTO.USDT (Y20.P5.E1).Stalkingref.x.charts.
Hi,
This has a nice trend and its pulling back nicely to a previous support with confluences to the MA\FIB and convergent.
Looking for a bullish candle in the 8 hrs or a combination of bullish candles or structure in the lower time frame that makes up the 8 hrly candle.
All the best,
S.SAri
2 hrly time frame.