KUCOIN:LYXUSDT
LYX is reaching its bottom after the conversion made a few months ago.
Due to fundamental changes and the volatility of the crypto market, the price reached around $3.5
I decided to strengthen a position.
viewing at least 300% of this point,
Have a happy bull run
This is not a recommendation or a substitute for counseling
hello guys...
as you can see this coin ignored the last level and seems it wanna change the trend so soon! from bearish to bullish!
I assumed it wanna make a head and shoulders pattern and after touching the hypothetical right shoulder start the upward movement so fast!
you can close half of the position on the first step and then be ready for 100%...
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
LYXUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price bounced from the daily support level and formed a bullish RSI div on 1H TF with bullish candle, This will be bullish signal and seems like the price may go for another leg higher.
NFA
DYOR
Weekly Chart : Horizontal Resistance / Trendline Breakout.
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#LUKSO
#LYX & #LYXE have a small market cap and a history of coiling then spiking 100%'s followed by deep retraces before blasting further to the moon.
The most important indicator that ties all the others together is #Volume IMO.
So if we use #Volume to gauge #support & #resistance it gives us an X-ray view through the noise.
First note the hike up the...
