Hi fox hope you are well, on 1 hour chart LTO Network (LTO) is forming harmonic pattern and this time it is bullish Shark. All legs are formed now the priceline is forming final leg.
The Pattern:
Lest’s dig the pattern deeper to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and...
LTO probably one of the most under valued crypto,s
exceptionally, this chain is on of the few that came to Binance with not only concept but big clients running on its chain.
compared to similar chains this chain could do a easy 1000% up.
Graphs can hardly be made as Tradingview has not enough data.
LTO/USDT
LTO is on a sideways inside this channel with a price movement of between 10%-15%. The RSI is in neutral zone waiting for the bulls and bears fight.
The only conservative trade setup here is when the price breaks key trend-line resistance and confirmed as new support, that's when we are going to open Long positions.
The bearish trade setup is when key...
