Hello guys again, today i'm going to analysis LTO/USDT pair in Daily time frame, let's begin...
1)LTO price already 2 month on Downtrend and now price don't get Lower High - Lower Low, thats mean price Downtrend now broken and price wanna do some Accumulatione,then we will start Upward trend.
2)LTO formed already success Ascending Triangle,Ascending Triangle must have Diagonal Support level and strong Resistance level, then price will sequueze in Ascending Traindgle and then there are higher chance to Breakout Upside, because Ascending Traingale is Bullish Reversal pattern.
3)We need go above $0.12 level and close daily candle at this range $0.12 - $0.125 and Breakout will confirmed and we can hit $0.2 level.
4)Volume so much HIGH, its saying there are higher chance we can hit the target $0.2.
5)RSI now leaved Oversolde zone and RSI moving slowly to Overbough zone, thats also Bullish signal.
6)Don't forget about LTO Fundamentals, LTO have a lot of Fundamentals(Chainlink Partnership,Proofi,19% Staked Annual ROI) this all means LTO can do PARABOLIC move 🚀
1)LTO price already 2 month on Downtrend and now price don't get Lower High - Lower Low, thats mean price Downtrend now broken and price wanna do some Accumulatione,then we will start Upward trend.
2)LTO formed already success Ascending Triangle,Ascending Triangle must have Diagonal Support level and strong Resistance level, then price will sequueze in Ascending Traindgle and then there are higher chance to Breakout Upside, because Ascending Traingale is Bullish Reversal pattern.
3)We need go above $0.12 level and close daily candle at this range $0.12 - $0.125 and Breakout will confirmed and we can hit $0.2 level.
4)Volume so much HIGH, its saying there are higher chance we can hit the target $0.2.
5)RSI now leaved Oversolde zone and RSI moving slowly to Overbough zone, thats also Bullish signal.
6)Don't forget about LTO Fundamentals, LTO have a lot of Fundamentals(Chainlink Partnership,Proofi,19% Staked Annual ROI) this all means LTO can do PARABOLIC move 🚀
Dagangan ditutup: sasaran tercapai
Target Reached:TP
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.