alanmasters

LTO Higher Highs & Higher Lows | Uptrend Intact

Long
BINANCE:LTOBTC   LTO / Bitcoin
LTOBTC 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.
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Comments

What an excellent buy at this price level! Do your research and back up the truck on LTO! This is going to be the GEM for the next 12 months and beyond.
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NiceIdea
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