LEO Price Touched The Target Level After Breaking Up Consolidation Zone

LEO is one the best performer crypto nowadays. Bitcoin price went down today, lots of altcoins are down more than 10%. Even Market is down, LEO price stayed stable today. This is the proof of being best performer.

I shared ltos of analysis about LEO price. I said LEO price is in consolidation zone. I followed this zone. LEO price was in this zone for more than 600 days. After good news, LEO price broke up the resistance of this zone and go up.

Here you can see the daily chart of LEO. I drew consolidation zone as red. The target of breaking up this zone is to reach the height of consolidation zone. I drew green zone and the top line of this green zone is the new target of LEO price.

LEO touched the target of consolidation zone which is at 0,15 USD level. It was very easy to reach the target..

We can say that LEO price entered bullish season. Lots of altcoins entered bullish season while LEO price was in consolidation zone. Finally LEO Price entered bullish season..

When we look at the Indicators of LEO price chart, LEO price went up with increasing volume. RSI Indicator is at overbought level. Touching the target of consolidation zone may cause price correction. It may work as resistance.

So, we may see LEO price below 0,15 USD in a few days for price correction.

After breaking up the green zone, I will share the next target of LEO price.
We entered bullish season. It is too early to reach our goals. We are only at the beginning.

My mid target is to see LEO price at 1 USD.

We will see..

Posted Using InLeo Alpha