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!
LTOUSDT trade ideas
SNX Long Term IdeaEveryone is currently bullish, which, considering the market conditions is warranted. When the lunar new year bear trap comes around, I am hoping to buy SNX in the green zone, sub-$10.
It might never happen, but if it does, that is what I am expecting to be the optimal entry in the $7.90 to $9 range.
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.
LTO Post-Breakout UpdateLTO decided to forgo the cup and handle idea and decided to go straight to all time highs - definitely not complaining. It has been following this particular channel since March, before a failed breakout and retest made it lose it. LTO traded below the channel for two months, before bottoming out, reclaiming the channel and is now retesting the upper trend line. It looks like it is retesting the lower trend line before proceeding with its price action. I am expecting it to retest the previous range highs, anywhere around the .11-.125 before continuing it's uptrend. This would form the handle, similar to the previous idea.
Previous idea, detailing the breakout.
LTO Attempting Break OutLTO bottomed, and has gotten back on track. It is going into one of the important price ranges, around the .08 and .088 areas, which have been very important in it's past price history. The pink drawing shows my ideal path - with LTO creating a cup and handle, before setting new all time highs. Not guaranteed, but not entirely unlikely.