Luaswap
LUA 💣⚡💥💥 $LUA #LUALua breaks a 130-day downtrend and prepares to move toward its higher targets. Due to the progress of this decentralized exchange and the increase in transactions in its exchange and its lower market cap, there is a possibility of a leap. The existing resistances and goals have been drawn in its path.
The resistance between the price of 255 and 260 is very strong and it is important to break and stabilize it.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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#DYOR
LUAUSDT Preparing to Launch ?? 🚀A beautiful Symmetrical triangle emerging. With high UP-ward break probability
A price action squeeze and tightening playing out nicely
The longer it draws out, the powerful its breakout will be. So far, stable consolidation around 16 - 18 cents
Considerable resitance levels ahead mapped out.
MACD flattening at the moment, indication of a close volcano
Volume steadying along neutrally
Let's see where we break at the end of the triangle. Upwards OR Downside ?
Previous pattern before last ATH repeating, it takes some time though .
Check our previous idea. Still intact on Imminent bullish reversal , patience is key.
LUA is in DeFi class. TOMO chain leverage
Multi-chain liquidity protocol for emerging project. Low swap fees protocol
I am holding nice bag of LUA, I am bullish on this.
Took nice entry at 14-15 cents
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LUA/USDT LongLUA/USDT is looking to revisit All Time Highs
There is not too much to say about this chart except:
-There's a lot of thin air between current price and
previous ATH
-Fib retracement lines may not act as very strong
resistances but are good to use as a general outline
of where resistances COULD be
-MA30 is about to flip above EMA100 for the first
time ever
-Volume is massive
-Being bullish here will likely pay off handsomely
LuaSwap is a decentralized, community
governed, Automated Market Maker multi-chain
liquidity protocol built on the TomoChain blockchain.
They look to support the addition of liquidity to
smaller upcoming tokens instead of competing
with more popular AMMs like UniSwap or SushiSwap
for larger more well known tokens' liquidity and
fees.