LTO Network Preparing For Flight, Volume Signal Just InLTO Network is getting ready to jump... This is a friendly reminder.
MA200 is the black line (now sitting at 0.00000567). This is the level that needs to be conquered (meaning that LTOBTC moves and closes above-said level) for prices to 'freely' move up.
We have above-average volume on this current candle which closes in about 30 minutes. This is an early signal.
What happens next?
The price for LTOBTC can still retrace and consolidate further before moving up, but the overall bias is that LTOBTC is now bullish and will soon jump.
If you decide to trade, make sure you have a plan and place a stop-loss.
Thanks a lot for reading and for your continued support.
Namaste.
LTO
LTO Network Trading Near All-Time Lows (Chart Mapped W/ Targets)About LTO Network
LTO Network bills itself as a hybrid blockchain designed for trustless B2B collaboration. The private layer is for data sharing and process automation (each process residing on its own miniature ad-hoc permissionless private chain). The public layer acts as a global security settlement layer — an immutable digital notary. This hybrid approach reportedly makes LTO Network GDPR and data privacy compliant, as well as scalable and ready for adoption.
Source: Coinmarketcap.com
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We are looking at LTO Network (LTOBTC) for the first time, this one is pretty new on Binance so we have little data.
I looked at the full chart on a different exchange and prices are now trading near All-Time Lows and we have really low volume, with prices now moving above EMA10 this one deserves a look.
On the chart above I marked all the targets with the Fib. extension tool.
The green arrow shows the bullish path.
If prices drop, support can be found around 0.00000400 - 0.00000430. A bounce can take place at this range.
If prices drop and close below 0.00000400 on the weekly timeframe, then the bears get the upper hand, prices are likely to drop.
We remain bullish as long as prices are trading above EMA10 (0.00000500). Thanks a lot for your support.
Namaste.
LTOUSDT forming bullish Shark | Upto 24% MoveHi fox hope you are well, on 1 hour chart LTO Network (LTO) is forming harmonic pattern and this time it is bullish Shark. All legs are formed now the priceline is forming final leg.
The Pattern:
Lest’s dig the pattern deeper to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 (here I have ignored a little spike) of A to B Fibonacci projection area and last leg (C to D) should be retraced between 0.886 to 1.13 Fibonacci then the priceline will be ready to take bullish or upwards move.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: $0.05779 to $0.05443
Sell between: $0.06080 to $0.06753
Stop Loss:
The potential reversal zone area which is up to to $0.05443 can be used as stop loss in case of complete candle stick closes below this level.
LTO NETWORK - CUP AND HANDLELto network is creating Cup and Handle Pattern in short term, i think it's easy 20-25% profit.
Entry: 0.00000650 - 0.00000710
Target 1: 0.00000730
Target 2: 0.00000770
Target 3: 0.00000805
Stop Loss: Below 600 sats.
Time: 0-48 hours.
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LTO - Possible Bounce from 61.8% FibLTO is looking to find support after breaking out of a tightening pattern, since it just got added to Binance, it won't follow any specific patterns.
What is likely is a bounce from the 61.8% Fib Level, where it has found some support, and going towards the future, it will either pump back up to previous resistance, or it will roll over and collapse for a couple of days to weeks.
Buy with caution, although indicators show signs of bullish potential it's always important to manage your money properly.
LTO - Possible Double Bottom FormationAfter some terrible moves from LTO, I'm seeing some weakness in the bears.
Currently we've been bleeding here non-stop since the day it was launched on Binance, but there are some good indications of a reversal.
Usually with these small assets is you can't really trust technical analysis as the market cap is too low and the price can be manipulated by whales, but I do see a potential bounce from the W shape double bottom that is seen in the 15min timeframe.
Now, this would only be the case if the price breaks previous resistance and starts to create higher highs and lower lows in the 5min timeframe.
Still a risky asset for the time being as the price is being determined, but if you see some bullish volume/action, it maybe a good time to get in.