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LUKSO - Stacked Cup & Handles w/Solid Momentum Volume #LYXE #LYX
This Lukso fractal with slow rounded & stacked cup & handles while stair stepping up, paired with massive momentum volume, probably nothing...
Key stats
About LUKSO [Old]
LUKSO $LYX and digital identities, a hidden gem?Chart: This is the old LUKSO chart before they migrated from ETH, current price sits at 9 - 10 $ but due to no history i used the old chart.
16$ area will be important to break and then 24$ in sight with 40$ ATH. LUKSO should easily reach price discovery due to new chart and the reasoning below.
LYXEUSD Not a buy yet despite today's rise.The LUKSO Token (LYXEUSD) is having the strongest 1D bullish candle since June 18. However this is not a confirmed buy signal yet, as even though the price hit the bottom (and Higher Lows trend-line) of the 1 year Channel Up pattern, it remains below the 1D MA50 (blue trend-line) since May 20 (more
LYXEUSD Is giving a huge buy signalLYXEUSD is forming a bullish reversal pattern same as on the April 1st bottom.
A candle closing over the MA50 (1d) confirms the buy signal.
Trading Plan:
1. Buy if the price closes a candle over the MA50 (1d).
Targets:
1. 10.8500 (Resistance 1).
2. 15.4500 (Resistance 2).
Tips:
1. The RSI (1d) ha
LUKSO in long-term long position 💣🚀Hello 🐋
Based on the chart
the price is in the ascending channel and channel resistance zone
beside
in long-term, we expect to see gain and pump from here but in short-term red candlesticks are logical possibilities ✔️
and even
the range market and many range candlesticks are acceptable scenario t
LYXEUSD Pullback has startedLYXEUSD/ LUKSO made a Higher High on the 10 month Channel Up and should pullback to at least the 1day MA50.
As the 1day RSI got rejected on the absolute Resistance, the pullback can be even stronger as low as -50% and the bottom of the Channel Up.
Sell the current price action and buy on the 1day
See all ideas