LEO - Finally At Major SupportLEO just touched an area of very strong confluence between two great demand levels and a zone of major support. Although there are some structure levels to be broken around $1.70, I believe price could easily reach $1.81 in the next weeks if buyers bring enough pressure.
The Steemleo platform is doing really good, so I hope we see this rally happening soon!
LEOBULLUSD trade ideas
#LEOUSD Asked by bro @cryptodub "Mark G "
Between red currant trading range
green bullish targets
this yellow best buy levels
Add to The watchlist
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leo move around 1.45
Breakout 1.60
Targets will be
1.75 to 1.99 /2.40 / 2.70 for current short term cycle
Breakdown 1.35
targets will be
1.26 / 1.18 / 1.05
Also short cycle
the current move shows weakness from 1.52
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anyway, range for this coin will be between 0.24 mega bullish $6 if follow the current wave and weakness in daily this confirm these levels
best buy 1.00 and 0.45 / 0.24
Targets
2
3
6
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Short description
LEO, a utility token at the heart of the iFinex ecosystem.
Abstract
iFinex Inc. (iFinex), a privately-held financial technology company incorporated in the British Virgin Islands, operates virtual currency trading platforms under the business name Bitfinex, and provides numerous other cryptocurrency and cryptoasset-related products and services. This whitepaper introduces the initial offering of a new utility token, LEO, for use on Bitfinex and other iFinex trading platforms. LEO has been created with the iFinex and crypto community at heart and in mind. LEO presents a sizeable opportunity for existing iFinex users and those who wish to use iFinex’s platforms and services. A special purpose subsidiary of iFinex intends to sell up to USDt 1 billion worth of LEO tokens. This document will outline in detail why we proudly invite friends of iFinex who meet the qualification requirements included in the Token Purchase Agreement to purchase LEO tokens, what this entails, and how it is a natural extension of our community ethos.
Link to Roadmap: n/a
UNUS SED LEO categories
Social network, Digital currency, Platform
we ask Allah reconcile and repay
LEO on the way to 2 Dollars!Hello dear crypto friends, and beautiful Tuesday to ya'll! ;)
LEO is a very interesting candidate , as it is an exchange coin just like BNB. (Albeit in this case it is fraught with problems because it was an emergency IEO of Bitfinex, to raise the missing $850 Million in funds.)
But nonetheless, we can clearly see the strength now having doubled from $1 to $2 in almost no amount of time. The 2 Dollar range should definitely show some psychological reaction from the bears.
In the previous analysis we had talked about the Ascending Triangle on the 4H:
=> The break didn't see much follow-through, but instead we build a beautiful EQ on the Daily as seen on the main post picture. We perfectly broke out of that with 25% profits.
So, definitely keep an eye on LEO, as Bitfinex might be listing the coin on other exchanges too. They're planning special deals for LEO holders, as CTO of the company Paolo Ardoino is not leaving a second out to tweet about it daily: twitter.com
=> This should give the token fundamental strength, esp. since it is backed by one of the biggest crypto exchanges.
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