LTOUSDT trade ideas
LTO USDT ForecastDear patrons,
Hope you are doing well.
Forecast for new trade setup of LTO Network ( LTO )
On Daily Time Frame Chart LTO formed Bullish Garltey move.
support area is marked in purple.
RSI is showing over sold and trying to move upwards.
Volume is increasing
MFI is moving up
Targets have been marked
ROI is good.
Good luck
signalsforecasts
LTO - where to from now onLto has a massive bull run (let's say it was massive) a few weeks ago. Because of BTC dumping price fell significantly, and I still think BTC should consolidate somewhere around 40K / BTC. Here are some of mine ideas.
1.) yellow color: lto price falls to 10 cents directly and then we have another massive LTO bull run - 6x-8x gains
2.) purple color: lto price falls to 20 cents. mediocre bull run to around 40 cents/lto. then price falls down to 10cents. after that... long accumulation period
3.) green color: lto price bounces to 60 cents, then we fall to 40 cents -> 20 cents -> 10 cents
4.) blue color: dead cat bounce, lto price falls to either 20cents or 10 cents
yellow color idea has actually the most bullish scenario. still i think lto price will most likelly fall to 20 cents (at least).
IDEA: DCA (dollar cost averaging) strategy from now on. nobody is completely sure what will happen. In my opinion all alts will fall significantly very soon. 60-90% price fall (from ATH this year) for everything that isn't ETH or BTC.
LTO Long EntryLOT has recently had some good volume and price action leading to a great spike and retracement. It has fallen back to the .618 fibonacci level which is a common level to hold and start a long position at. I am bullish on this crypto because of the use cases, recent volume and good price action leading to this area. Alongside this the greater market has BTC ranging and the stock market due for a few green days.
Adding 20% of total position in case this drops to the .7 fibonnaci where I will add another 20-40% depending on market conditions
LTO still strong with upcoming news of NFT 2.0 next 17 NOV Just Hodl
LTO still strong with upcoming news of NFT 2.0 next 17 NOV
New transaction type on mainnet, allowing organizations to publish X.509 certificates on-chain. on next DEC
The LTO private layer can be used in combination with the identity platform to give individuals full control over their personal data. on next March.