LTOUSDT trade ideas
Long Time No SeeGood morning starts with a good trade, wolves🔥
One more formation. So get ready
There was a slight and confident bullish trend before consolidation.
The price multiple times bounced from support and resistance level.
Then there was a bullish breakout.
Possible retest of the level is expected.
Follow the chart and look for the best price to enter carefully.
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$LTO/USDT Binance 4H by imRedaSouhail.What Is LTO Network (LTO)?
LTO Network is a hybrid blockchain platform for decentralized workflows and business process automatization. Thanks to a solution based on live contracts, companies can enter into and carry out transactions, exchange information with each other, organize supply chains, delegate data processing and more, simultaneously and without relying on trust.
LTO Network, formerly known as LegalThings One, was established in May 2014 as a subsidiary of Firm24. For several years the main goal of the project has been to implement simple legal transactions on the blockchain. Conceptually, it is based on the interaction between private and public blockchains.
LTO Network provides the following kinds of assistance: the facilitation and control of the entire transaction process, the exchange of information between parties, the creation of business supply chains and the secure transfer of data to third parties.
By removing the need to depend on the human factor in business transactions, LTO Network is expected to allow companies to focus on improving the efficiency, transparency and security of their business.
Lto - Long LtoNetwork dropped more than most of the shitcoins despite not being a shitcoin... despite being one of rare projects that has real usage, real revenue, real customers. You could be mad like I am, but we are given a new opportunity. And that is great! Lto dropped more than 80 percent in price since ath. I think price could reach 3$ till the end of the year. At this time I don't believe we are actually in bear market. I was afraid BTC's price would be slowly dropping, but it was a hard drop and now I feel quite relieved. Be careful about most of the projects though. They grew too fast during this bull cycle. Another opportunity is vidt (lto is owner)
LTO Update: Touched red trend line and broke downtrend.Update on LTO:
As stated a few days ago, it was clear that the price wanted to touch the highlighted red trend line. After doing that, it broke the current downtrend and is ready for some upward movement. Any entry point below 0.5 is golden imho.
Pay close attention to the newly formed uptrend bottom line, if it’s broken, then i’m pretty sure it will retest the red line again.
Good luck, and stay safe!
Not financial advice.
LTO: touch 0.43/0.45 for another leg up?LTO is (yet again) in another descending channel. I think it needs to touch the red line again for it to grow.
Strong project, backed by governments (the dutch one is on top) and transparent team. It’s criminally undervalued even at 0.5 imho. It has the potential to do some BAKE shit even with a single big announcment.
Good luck, and stay safe!
Not financial advice.
LTOUSDTthis alt has corrected almost all (most of the times more than 78.6% retracement) of its value
if you zoom and go to the lower time frames you can see the last 2 cycles are strongly in favor of bulls which corrected as mentioned which means they are getting ready for higher jump and higher values ,new records and new ATH
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REALISTIC PRICE PREDICTION SHORT TERM IS $1.25The stairs and accumulation pattern is recognisable, retracement to both 0.3182 and 0.618. Bullish but not too big moves. A very small market cap of only a shy of 200 million. the evaluation for this market cap is to double or triple easily. Blockchain platform which is quite promising.
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.
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 :)