-LTO Network the key support at 630 sat area
-This was a confluence of previous resistance turned new support
-Currently, the price is testing the recent high around 866 sat
-If LTO can break the recent top and hold as new support territory
-I recommend to Buy the minor pullback/retest
-Upside potential is up to 1554 sat
The candles have been increasing and decreasing, and now the candle is currently in the middle between support and resistance lines. There are two possible options here. If the candle goes up, I can wait for an open-close candle above the resistance line then buy it. If the candle continues to decrease, I can wait for an open-close candle below and then sell it.
According my analysis and EngineeringRobo's signals, if you wanna buy, this is a good time because the candles are going up. Also risk/reward = 2.95, so if it is bigger than 2(two), this means buying is okay.
When you wanna sell, you have 2 opportunities.
1) yellow dashed resistance line(0.08623)
2) another resistance line, I drew (012721)
-This coin has dropped over -40% from the High 922 sat
-Currently approaching key support area around 530-500 range
-If BTC Dominance will continue to rise, LTO may drop a little further
-Watch carefully this area, any reversal signs will trigger a Buy signal
-broke the previous resistance area at 670 sat
-the price has retraced and retest the old resist > new support
-you can enter a momentum Buy order if a close above the green box
-or retest the box as new support and expect an upside continuation
-stoploss is placed under the green box consoliation
#LTOBTC Chart Update:-
#LTO Looks bullish after bounce back from Support level.
After some retracement i can expect big Upward move from here.
Already 63% Profit from our 1st Entry.
But still we can open average buy.
Re entry:-520-550 Satoshi
Targets:- 637/780/961 Satoshi
Short term stop loss for new entry:- 500 Satoshi
But i am not placing stop...
Welcome to this quick update guys.
I posted my last call for LTO on May 22 to buy around 403 and it rallied over 46% fulfilling 90% Targets!
RE-NTRY COULD BE CONSIDERED between 480 to 515.
I think looking at all the strong fundamentals coming up in few weeks price may rally positively. Besides a strong resistance is broken and retest has been done...
We expect a strong bullish wave in the short term
You are free to reap your profits anywhere
Here are some deals I made this week
Profit so far :
Enter the channel and make sure and do not forget to subscribe and press the like button
Welcome to the second altcoin trade setup for this week.
LTO/BTC Broke out of the falling wedge channel which is bullish in nature.
Currently facing. the 50D ,A resistance
Fundamentals: The team has announced they will be coming up with a good news at the end of MAY (HYPE drives the price to the upside)
If this 50 MA Resistance is broken we can see it rallying...
#LTOBTC TA Analysis:
#LTO Looks good for Fresh Entry.
And very Potential for Long Term.
I am buying some around 500 Sat.
I will accumulate 450-500 Sat but if any Candle close bellow Support Level then I exit trade.
Entry: 450-500 Sat
Targets: Given In Chart
Stop loss: if any candle close bellow 450 Satoshi then I will only exit from this trade with minor...