✴️ LTO Network 180% Breakout Potential

9 abr 2023

Will the next Ethereum hard-fork be really a positive even for the market?

Normally hard-forks are bad but all the charts are looking so good, that things might be different this time... I will talk about ETHUSDT next but let's focus on LTO Network.

Here we have the weekly timeframe for LTOUSDT and we can start by noticing the trading volume lines at the bottom of the chart...

Notice the clear pattern of high green lines while the red ones are small, this tells us that the bias/trend is dominated by the bulls rather than bears.

We've been seeing higher lows since October 2022 and now prices continue trading above EMA10, in fact, ever since LTOUSDT broke above EMA10 mid-January 2023 it has stayed above this level, a very strong bullish signal.

The current action we call bullish consolidation before the next jump.

Here I am mapping 180% as the main target but remember, there can be stops below this level and also above.

Thanks a lot for your amazing and continued support.

See on the next chart.

Namaste.