#LQTY #LQTYUSD #LQTYUSDT $lqty
LQTYUSDT has barely tapped into monthly support zone MS1 again.
In the last post we expected this to bounce from MS1 and specifically from WS1 zone which is located inside MS1.
It did happen that way and the price moved almost 40% to the upside.
The price has experienced a pullback from daily resistance zone DR1.
But I believe this is an expected pullback. And the price shall bounce here and continue the journey to the upside.
Therefore, I see as a normal correction and another opportunity to load up in case a nice entry was desired.
Thats my take on this one. What you think about #LQTYUSDT . Let me know in the comments.
LQTYUSDT has barely tapped into monthly support zone MS1 again.
In the last post we expected this to bounce from MS1 and specifically from WS1 zone which is located inside MS1.
It did happen that way and the price moved almost 40% to the upside.
The price has experienced a pullback from daily resistance zone DR1.
But I believe this is an expected pullback. And the price shall bounce here and continue the journey to the upside.
Therefore, I see as a normal correction and another opportunity to load up in case a nice entry was desired.
Thats my take on this one. What you think about #LQTYUSDT . Let me know in the comments.
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Related publications
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.