As you clearly can see here LTO was hardly negatively impacted by the sudden BTC price drop.
I see this as a extreme strength and conviction in the coin.
Soon others will realize this giving it huge potential to rise violently
this all comes at no surprise to me as I also check the LTO network TX
which has been rising at a 35% angle as from the start little...
Objective 569-675
1 - As you can see there is a downtrend break
2- The formation of double bottoms
3- Head and shoulders formation
Time for the deal is 2-5 days
Stop loss 480
market is very bad . chart show that lto should hold 0.00000425 but lto have lower price about 0.00000275 befor then if lto break lml line of chart then is not good to buy.
Lto network is creating Cup and Handle Pattern in short term, i think it's easy 20-25% profit.
Entry: 0.00000650 - 0.00000710
Target 1: 0.00000730
Target 2: 0.00000770
Target 3: 0.00000805
Stop Loss: Below 600 sats.
Time: 0-48 hours.
If you like my analyse and if you want to get more analyses from me, please don't forget to push like to this post.
As the dust after it's listing settles down and being close to its prior listings price.
I think it,s save to say LTO should go up for at least this 12%.
these first signs of building new resistance barriers often find lots of enthusiasm.
So It could jump to the second line straight away.
LTO is looking to find support after breaking out of a tightening pattern, since it just got added to Binance, it won't follow any specific patterns.
What is likely is a bounce from the 61.8% Fib Level, where it has found some support, and going towards the future, it will either pump back up to previous resistance, or it will roll over and collapse for a couple...
After some terrible moves from LTO, I'm seeing some weakness in the bears.
Currently we've been bleeding here non-stop since the day it was launched on Binance, but there are some good indications of a reversal.
Usually with these small assets is you can't really trust technical analysis as the market cap is too low and the price can be manipulated by whales,...
This trend line can be drawn a few different ways but this could be the end of a nasty couple of days for LTOBTC, a new addition to Binance. No previous information to go off of so smaller time frame needs to be used. potential 60% + , sensible stop loss needs to be used though! IM IN!
