The possibility of
LQTYUSDT is quite many but if we are to look for a bullish scenario this is the best bet. Finished wave 1-yellow at the upper band of the Ascending Channel then the wave 2-yellow completed it retracement at the lower band around the golden Fibonacci zone 0.618% while we are in the journey of wave 3-yellow having completed it wave 1-orange as a Leading Diagonal while it wave 2-ornage has also retraced over 0.618% similar to it parent wave 2-yellow.If we lose that lower band then it will mean that wave 2-yellow would be retracing to the 0.786% Fibonacci for deep wave 2-yellow but it is very unlikely since the RSI is signaling bullish hidden divergence on the daily timeframe.
What is left for this price action to complete is volume. In few days, I expect volume to return to this market if we are really going to see that wave 3-ornage of wave 3-yellow.
Stay tuned for the bearish scenario and updates.
OTHER ANALYSIS
Not
over 23% gain under 24 hours of post isn't that great? literally looks like LQTYUSDT was waiting for us. Follow, turn on notification and stay tuned so you don't miss any update.Not
50% in 3 days LQTYUSDTNot
remember I mentioned that our wave 2 might retrace to the 78% Fib level now we got it and the invalidation level is at the ATL $0.656 LQTYUSDT
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.