LTOUSDT trade ideas
$LTO Short/Midterm UpdateIn the coming days/weeks I expect similar pattern as given on chart. LTO Network has a lot in the pipelines (Fundamental analysis) and this is confirmed by technical analysis/price action as well.
OBV broke out with the highest volume ever, also RSI has a lot of room left in the tank on the Weekly.
$145m market cap (small cap) layer 1 project listed on Binance and recently on Kucoin as well.
All recent layer 1 projects went wild and LTO just woke up from it's accumulation fase (6 months)
Dips are for buying, Always Dyor!
LTO EW Count 2021-2022 [Bull]Lengthy wave count for LTO, Binance was the furthest data i could find but i guess its still decent enough for EWs.
Coin's fundamentals are extremely strong, been eyeing this one since Jan, just lacked the growth so far in this final wave 5 of the bull run.
Things are looking good, we've just finished a long accumulation phase, which should give room for a lengthy expansion up above ATH, and then consolidation before alt szn when BTC tops out.
Long term vision, make sure to stack this one as much as you can when the bear market hits, wouldn't be surprised if this goes past $10 in the next cycle :P
LTO trading ideaLto is actually doing great. Look at that volume increase since that May crypto crash. Lto has better than good fundamentals, and that will show in time. In my opinion it should reach ATH in near future. I am cost averaging it for some time. Big long term potential.
Red line: support line, Orange line: resistance line
LTOUSDT is testing the 4h resistance 🦐LTOUSDT is testing the 4h resistance 🦐
If the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
LTOUSDT - Signal for BullishNote : If you have any questions, feel free to send me message
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
LTOUSDT - Signal for Bullish
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