LTOBTC trade ideas
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 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.
LTO obious strength As you clearly can see here LTO was hardly negatively impacted by the sudden BTC price drop.
I see this as a extreme strength and conviction in the coin.
Soon others will realize this giving it huge potential to rise violently
this all comes at no surprise to me as I also check the LTO network TX
which has been rising at a 35% angle as from the start little over a year ago.
it,s no wonder Binace listed LTO without a listing fee