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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LTOBTC trade ideas
LTO Higher Highs & Higher Lows | Uptrend IntactLTOBTC is now in a clear uptrend...
For this altcoin pair, the low was hit back in May 2020, and then Boom! Strong bullish action.
Prices peaked this month and the correction was fast and strong.
While AIONBTC, just shared (see related ideas below), took over 210 days to hit a higher low...
LTOBTC is already showing signals of another next bullish jump.
The 0.786 Fib. retracement level has been activated and we know this is a very strong support.
This same level was hit back in July, this resulted in another higher high.
Now that all the gains have been cleared once again... No more weak hands, we can expect LTOBTC to hit another higher-high next.
WARNING: Remember that the charts are always changing... So you need to build your own plan/strategy before you trade.
Even if prices drop some more, we remain bullish on this pair as long as the mid-May low holds.
In conclusion, LTOBTC will resume its growth...
Patience is key.
Namaste.
LTO Long TermLooking something like this for LTO. Expecting a retest of the wedge it is breaking out of, before racing to retest the purple diagonal.
This is of course with the contingency that there is no other significant sell off in the next few weeks. But LTO does seem to be a promising project.
This is an update of the previous idea:
Lto on support lineLTO is one of my fav coins. Project has one of the best adaptation rates, but whales still rather accumulate total shitcoins that are gonna disappear in one year. Transactions are breaking records daily now. Enough said, we can see LTO touched support line, so it's very good time to rebuy it now. Still, while btc is gaining momentum, price could drop even further down Stay safe, bitcoin is ultimate shitcoin
LTO/BTC (Pullback or Correction?)BINANCE: LTOBTC
-LTO is now pulling back after a series of higher lows
-If the correction will continue further downside
-The major of support need to be watching is around 700-640 sat
-This zone is a confluence of previous resistance and support
-Also, the 100D MA dynamic support is coinciding around this region
-The chances this level will hold is high provided BTC will not dump again
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^Not Financial Advice
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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.
BIG profits comming soon on LTO / BTCHello There,
the history repeats itself, I made big profits on this coins, and I suggest to everyone to buy it as soon as possible only in correction between 750-850 sat.
1st target : 930 sat
2nd target : 1230 sat
3th target : 1500 sat
4th target : +1600 sat
(2nd target is confirmed just hold)
if it break 1550 sat, will reach the moon.
LTO Network (LTO) Bullish for 134% PotentialLTO Network is a newcomer for this industry, but now LTO is rank 278 (source : coingecko.com)
I will start to use 2 analysis from now on, Tehcnical and simple Fundamental Analysis if you like it i will write more the fundamental analysis.
Let's get started!!
Fundamental Analysis
LTO Network is a hybrid blockchain for securing, verifying and exchanging business critical information.
A lot of use cases that implement by LTO Network and LTO focusing on enlarge the business with doing partnership with a lot of business, you can check it up on ltonetwork.com
LTO network is one of the fastest team project movement i have ever seen on blockchain ecosystems, i think they will grow fast.
Technical Analysis
There are important supports that can push LTO / BTC higher, 1. Hidden Dynamic support that i use red line, 2. Ema 21 and Ema 55
The target is mapped using violet lines :
TP 1 : 1074 (42%)
TP 2 : 1186 (55%)
TP 3 : 1546 (101%)
TP 4 : 1805 (134%)
Don't forget to set stoploss for your safety
I hope this can help you to get insight. Enjoy your day
LTO/BTC (Testing Recent Top)LTO/BTC
-LTO Network the key support at 630 sat area
-This was a confluence of previous resistance turned new support
-Currently, the price is testing the recent high around 866 sat
-If LTO can break the recent top and hold as new support territory
-I recommend to Buy the minor pullback/retest
-Upside potential is up to 1554 sat
LTO breakoutIf you like my TA or other ideas, please leave a like to show support. It helps me out a lot
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- LTO breakout of descending triangle
- Small resistance around 833 sats
- LT resistance around 971 sats
- MACD moving into bull territory
SL around 680 sats