MBM_Crypto

LTO Trading Setup - Hasn't taken off yet

做多
BINANCE:LTOUSDT   LTO / TetherUS
Here's a quick look at LTO 1 hr chart. The price action has been forming a falling wedge and broke out recently. Watch for a breakout from the level shown in the chart.

The idea is: Buy the breakout from the Symmetrical triangle shown in the chart. Take profits at the level shown in the chart.
Targets:
1. 0.577$
2. 0.6$
3. 0.64$

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BTC dictates the market. If BTC falls, then Alts will fall as well. BTC needs to get stable before alts can run. Trade safe!

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