- 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 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 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.