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Lqtyusdsignals

LQTYUSDT A Potential Bullish Reversal or Further Breakdown?Yello, Paradisers! Could this be the moment for #LQTYUSDT to bounce back, or is there a deeper dive coming? Let’s dive in! 💎#LQTY has broken out of the falling wedge, a classic bullish reversal pattern, and also cleared the previous lower low (LL). This signals a strong potential for upward momentum. If the price holds steady at the current demand zone, we could see a rebound and continuation of the uptrend, potentially making a new higher high. Our target? The strong resistance area, where the highest probability for resistance lies. 💎However, if LQTY fails to hold this demand zone, particularly around the 0.655 area, we might witness a breakdown. In this scenario, the price could drop to test the key support level at 0.48. This is a critical area, as it's the lower low from previous price action, and any breakdown here would signal trouble for bulls. A bounce is essential to recover and maintain bullish sentiment. 💎But beware bullish invalidation will kick in if the daily candle closes below 0.48. This would suggest a continuation of the downtrend, likely creating a new **lower low** and potentially pushing the price even deeper. Consistency, patience, and a clear strategy are the keys to navigating this market successfully. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
A Promising Uptrend for LQTYThe recent performance of LQTY/USDT suggests an optimistic outlook, marked by significant bullish momentum. Currently trading at $1.337 , LQTY has made a substantial gain of 15.26% in the latest week, signaling a strong recovery from recent lows. In this chart, I have revealed several key technical levels and patterns that traders should consider for potential opportunities. Key Levels and Patterns 1. Weekly Support and Breakout : The price bounced off the critical weekly support level at $0.945 , which has proven to be a strong foundation for the current uptrend. The recent breakout above $1.235 indicates a bullish reversal and potential for further gains. 2. Trendline Breakout : A clear breakout above the descending trendline points to a continuation of the upward movement. This breakout has the potential to propel the price towards the next significant resistance at $1.768. 3. Primary Resistance : The primary resistance level stands at $2.163. If the bullish momentum sustains and the price manages to break through the intermediate resistance zone around $1.768, reaching this level is plausible. 4. Stochastic RSI : The Stochastic RSI, currently at 31.09, shows a potential for upward movement. It indicates that the market is not yet overbought, leaving room for more upside. 5. Cumulative Volume Delta (CVD) : The CVD indicator reflects positive buying pressure, with a notable increase to 35.327M. This buying pressure supports the bullish sentiment and enhances the likelihood of continued price appreciation. Bullish Outlook The technical indicators and chart patterns are aligned, suggesting a promising bullish trajectory for LQTY. With the price breaking significant resistance levels and the indicators supporting further gains, traders should watch for continued momentum. Should the price sustain above the trendline breakout and overcome the resistance at $1.768 , the path towards the primary resistance at $2.163 becomes increasingly likely. Important: DYOR before making any investment decision
Long
by Z4F4R
LQTYUSD Some more fuel left to burn on this rise.Liquity (LQTYUSD) broke yesterday above the 1D MA200 (orange trend-line) for the first time since July 14. That is the 2nd major bullish break-out signal since the breaking over the Bear Cycle's Lower Highs trend-line on October 01. The presence of the 0.382 Fibonacci retracement level now shouldn't stop this rally, but Resistance 1 (1.8200) could. As a result we are only willing to take the risk until 1.8000, as the 1D RSI is vastly overbought (85.00). After that, look for the best buy opportunity on the 1D MA50 (blue trend-line) again. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:LQTYUSDLong
by TradingShot
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