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
Ltonetwork
$LTO/USDT Binance 4H by imRedaSouhail.What Is LTO Network (LTO)?
LTO Network is a hybrid blockchain platform for decentralized workflows and business process automatization. Thanks to a solution based on live contracts, companies can enter into and carry out transactions, exchange information with each other, organize supply chains, delegate data processing and more, simultaneously and without relying on trust.
LTO Network, formerly known as LegalThings One, was established in May 2014 as a subsidiary of Firm24. For several years the main goal of the project has been to implement simple legal transactions on the blockchain. Conceptually, it is based on the interaction between private and public blockchains.
LTO Network provides the following kinds of assistance: the facilitation and control of the entire transaction process, the exchange of information between parties, the creation of business supply chains and the secure transfer of data to third parties.
By removing the need to depend on the human factor in business transactions, LTO Network is expected to allow companies to focus on improving the efficiency, transparency and security of their business.
Lto - Long LtoNetwork dropped more than most of the shitcoins despite not being a shitcoin... despite being one of rare projects that has real usage, real revenue, real customers. You could be mad like I am, but we are given a new opportunity. And that is great! Lto dropped more than 80 percent in price since ath. I think price could reach 3$ 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 is getting out of its massive baseIf someone had a look on the LTO chart on Coinmarketcap he would realize LTO has been going sideways for a really long time vs BTC. Even longer than what it looks here. It is very clean and quite strong. It is better to go with coins that have been lagging or go with ones that haven't had a blow off, than those that are heavily correcting aftera massive rally. Also one with good FA.
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 :)
LTO / BTC found support on 200 SMA on 1D chart!LTO / BTC found support on 200 SMA on 1D chart!
There are few bullish signals on LTO/ BTC , some of them are:
- we are moving in ascending channel
- we have found support above 200 SMA (red line)
- we have found support on strong historical support / resistane (red dashed line)
- 50 & 100 SMA are about to cross
Its a good moment to enter a trade close to the support of ascending channel.
Remember about SL!
LTO Network Challenges MA200, Next Target Mapped At 107%!LTOBTC (LTO Network) managed to close above EMA100/200/300 yesterday and today, we can see prices moving above MA200, the black line on the chart.
This is a strong resistance level that is already behind, a daily close above it can signal additional growth.
The MACD is now above the zero line, bullish.
The RSI is now at 63, very strong.
LTO Network can continue to grow.
Namaste.
LTO Network Gains Good Momentum, Volume Breakout, Strong RSILTOBTC is doing good now and bullish momentum is building up.
Today's candle is really strong.
Notice the last 3 weeks the trading volume was really low (marked yellow) and now it is starting to increase.
The higher volume today is what I call a "volume breakout".
The RSI is at 56 which is really good.
The MACD line on the MACD indicator is sitting above the signal line while trending higher. Before the jump, we also saw bullish divergence building up.
We looked at this pair multiple times before...
Patience is all that is needed now to see its price grow.
Thanks a lot for your support.
Namaste.
LTO Long-term Higher Lows, Beautiful Chart! (200% Mapped)The chart for LTO Network (LTOBTC) is looking pretty good... We have higher lows starting back in May 2020.
If you've been following the altcoins market, you can tell that many altcoins are hitting new lows even if only on the daily timeframe or to just bounce back up quickly...
LTOBTC is still printing higher lows which is a signal of good strength.
If the bulls now enter the gain, we can see strong growth for this pair.
Namaste.
LTO Network Enters New Bullish PhaseLTOBTC hit a low on 5-Nov. and is now starting to grow.
Just like many of the altcoins, we saw before, initially a low as hit back in May and now a higher low in early November.
What we see currently developing is a new bullish wave... Notice we have higher highs and higher lows.
The next target is marked on the chart.
Namaste.
LTO/BTC (Retest Recent Key Support?)💎Technical Analysis Summary💎
BINANCE: LTOBTC
-The small rally from 510s sat has ended after a Double Top reversal
-This downfall will likely to retest previous key support area
-If LTO can from another base of support within the next few weeks
-There is a chance it may challenge to break the recent top
-This is a long process so being patient is very important
-I suggest studying the chart when there are no trading opportunities
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LTO Uptrend Confirmed, New HighLTO Network (LTOBTC) just hit a new high surpassing the peak hit back in March 2020...
It took this pair 5 months to print a new high.
[* Even on a weak close today, we can expect further growth from LTOBTC.
If the day closes strong, we can aim straight to our next target, which is marked on the target.
This is a very strong/solid set up.
Prices are growing slowly but steadily with plenty of room still available for additional growth.
This will be another big one.
Namaste.