Hey guys today i'm going analysis LTO/USDT pair in 4 hour timeframe, lets begin...
1)The first we can clear see price in Downtrend and we have Downtrend line, so when we Breakout from Downtrend line and close candle around this range $0.11-$0.12 with good Volume, then Breakout will confirm and we can buy.
2)We have Inverse H&S pattern and we clearly see left shoulder head and right shoulder, formation is done now, we need just breakout from Neckline and close candle around this range $0.11 - $0.12 and buy at that ranges,so if we measure target, target is $0.2.
3)So we also have first High and first High-Low, so you can wait next HIGH HIGH - HIGH LOW for more clear signal and then buy, but now Trend tell us there is most chance to create next HIGH HIGH and HIGH LOW.
4)If we look MACD Oscillator we can see MA lines wanna do Bullish Cross, also MA is above Histogram this is also Bullish signal, and Histogram now approximately 0 line range this is also Bullish signal.
5)So Target is $0.2, so you can double your money on this analysis.
Hope this analysis will help a lot of ppl, if you agree with me hit the like button)))
1)The first we can clear see price in Downtrend and we have Downtrend line, so when we Breakout from Downtrend line and close candle around this range $0.11-$0.12 with good Volume, then Breakout will confirm and we can buy.
2)We have Inverse H&S pattern and we clearly see left shoulder head and right shoulder, formation is done now, we need just breakout from Neckline and close candle around this range $0.11 - $0.12 and buy at that ranges,so if we measure target, target is $0.2.
3)So we also have first High and first High-Low, so you can wait next HIGH HIGH - HIGH LOW for more clear signal and then buy, but now Trend tell us there is most chance to create next HIGH HIGH and HIGH LOW.
4)If we look MACD Oscillator we can see MA lines wanna do Bullish Cross, also MA is above Histogram this is also Bullish signal, and Histogram now approximately 0 line range this is also Bullish signal.
5)So Target is $0.2, so you can double your money on this analysis.
Hope this analysis will help a lot of ppl, if you agree with me hit the like button)))
Trade closed: target reached:
Target Reached:TP
