This has a nice trend and its pulling back nicely to a previous support with confluences to the MA\FIB and convergent.
Looking for a bullish candle in the 8 hrs or a combination of bullish candles or structure in the lower time frame that makes up the 8 hrly candle.
All the best,
2 hrly time frame.
Today, our Automatic Engulfing Strategy executed the long position for the LTOUSDT as a result of revealed potential price growth.
The Accumulation/Distribution Indicator demonstrates the increasing bullish activity. The price bounced off the RSI and BB support lines, which means the trend reverse. The uptrend is also confirmed by the intersection of the BB...
At the moment, there are 3 sell signals present and I'm BEARISH.
So, I don't think this is a good time to buy.
If you want to buy again, we have 4 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.11) for 1D to buy,
3- You can buy when candles touching the...
Technical analysis with the Automatic Engulfing Strategy revealed the price reverse opportunity from the downtrend to uptrend.
On the one hand, the increased bullish pressure is confirmed by Ichimoku Cloud Indicator. On the other hand, the price has a bounce off the support RSI line after the dramatic decline.
As a result, We expect the 3.3%...
💎Technical Analysis Summary💎
-The small rally from 510s sat has ended after a Double Top reversal
-This downfall will likely to retest previous key support area
-If LTO can from another base of support within the next few weeks
-There is a chance it may challenge to break the recent top
-This is a long process so being patient is very...
If you like my TA or other ideas, please leave a like to show support. It helps me out a lot
- Resistance around 725 sats
- Strong Bearish divergence on the RSI
- Possible H&S pattern forming
Target: 525 sats zone
Hi to all traders!
The chart is clear enough and well explanatory.
IF You Agree Hit The Like Bottom And Support Me.
The Information Provided Is Not Trading Advice But An Informative Analysis Of The Price Movement.
-LTO is now pulling back after a series of higher lows
-If the correction will continue further downside
-The major of support need to be watching is around 700-640 sat
-This zone is a confluence of previous resistance and support
-Also, the 100D MA dynamic support is coinciding around this region
-The chances this level will hold is high provided...
I have 4 positive signals
If you hold this coin sell at the resistance line ( $ 0,12690)
Buy this coin when the resistance line turns to support line other case wait for EngineeringRobo ' s other buy signal
After buying this coin watch carefully EngineeringRobo ' s sell signal
Unfortunately, EngineeringRobo gave Sell 1 & Sell , Bear and Sell 3 to Bitcoin, I am not...
the history repeats itself, I made big profits on this coins, and I suggest to everyone to buy it as soon as possible only in correction between 750-850 sat.
1st target : 930 sat
2nd target : 1230 sat
3th target : 1500 sat
4th target : +1600 sat
(2nd target is confirmed just hold)
if it break 1550 sat, will reach the moon.
MA20>MA50, buy1 and buy2 signal . Here is my analysis:
1. We can buy when risk/reward ratio is greater than 2 = 0.075usdt
2. We can buy at support = 0.0676usdt
3. We can buy when resistance turns to support = 0.09672usdt
We can use sell2, sell1 or when MA50>MA20 signal for sell decisions. Otherwise, we can also sell at resistance depending when you buy.