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PlayerNonZero
Apr 14, 2021 6:07 PM

LTO Buy Opportunity Soon (fixed) Long

LTO / TetherUSBinance

Description

Fixing my idea since the original wasn't clear. LTO uptrend has been respecting the 0.382 retracement level with a hammer forming at the time of publishing this. This means we're rejecting lower prices and is bullish. Watch for a candle close like this or higher for confirmation. This doesn't mean that we will immediately begin to start the next push to ATH, but we will likely see a bounce between here and our volume area of resistance which I posted before -



If the trend remains at its current strength, our next push should be to around $1.12. Just remember this doesn't mean that we'll begin pushing there now, this is just a chance to buy at the lowest dip in its current state. A candle close below the 0.382 will also likely mean we're seeing a reversal pattern.

Comment



Double bottom forming meaning a likely change from a downward trend to either sideways or up.
Comments
ajs13k
update this?
asalazar001
Up pls... thx
PlayerNonZero
@asalazar001, was just updated an hour ago :P
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