Between red currant trading range
green bullish targets
this yellow best buy levels
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leo move around 1.45
Targets will be
1.75 to 1.99 /2.40 / 2.70 for current short term cycle
targets will be
1.26 / 1.18 / 1.05
Also short cycle
the current move shows weakness from...
LEO appears to be in another accumulation phase, trying to break above 1.92USD (.618 fibs). It is climbing the bottom border of uptrend channel and slowly heading to target 2.00 USD (psychological resistance/target). Another possible targets visible.
This idea is for educative purposes only, not financial advice.
LEO just touched an area of very strong confluence between two great demand levels and a zone of major support. Although there are some structure levels to be broken around $1.70, I believe price could easily reach $1.81 in the next weeks if buyers bring enough pressure.
The Steemleo platform is doing really good, so I hope we see this rally happening soon!
LEO is in a strong uptrend verse the dollar; since the beginning the chart price has bounced from the established trend line and makes a new ATH in 9 days. This chart is very new and my TA is trash but I think a new ATH is possible by the 9th day.
On the 4H chart LEO/BTC we can see how the price breaks out through bull flag resistance after stop hunting. This picture shows us the end of a correction and the start of a new bullrun.
Targets are on the chart, up to $2.4. Buy below $1.9, around $1.8.
Losing strength on the 4H; however it hasn't broken MS as of yet. If $BTC really goes for it, we could see a retrace to green/yellow P.O.C. at the most imo, which would make for a great entry.
Hello dear crypto friends, and beautiful Tuesday to ya'll! ;)
LEO is a very interesting candidate, as it is an exchange coin just like BNB. (Albeit in this case it is fraught with problems because it was an emergency IEO of Bitfinex, to raise the missing $850 Million in funds.)
But nonetheless, we can clearly see the strength now having doubled from $1 to $2...