LTO-USDT is showing strong bullish signals, supported by several key technical indicators. The price has successfully retested the weekly resistance level, coinciding with the 61.8% Fibo
which is a critical area for confirming bullish momentum.
This retest was accompanied by a significantly high trading volume compared to the previous period, similar to the volume spikes observed during previous breakout waves, indicating strong Zone.
Additionally, LTO-USDT has breached a major downtrend line, further solidifying the bullish reversal.
On the 4-hour chart, a falling wedge pattern has been identified, which is typically a bullish continuation pattern. This combination of factors—retesting key resistance, high volume, breakout of a downtrend, and a falling wedge—suggests a strong potential for upward movement in LTO-USDT.
which is a critical area for confirming bullish momentum.
This retest was accompanied by a significantly high trading volume compared to the previous period, similar to the volume spikes observed during previous breakout waves, indicating strong Zone.
Additionally, LTO-USDT has breached a major downtrend line, further solidifying the bullish reversal.
On the 4-hour chart, a falling wedge pattern has been identified, which is typically a bullish continuation pattern. This combination of factors—retesting key resistance, high volume, breakout of a downtrend, and a falling wedge—suggests a strong potential for upward movement in LTO-USDT.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.