#LQTY #LQTYUSD #LQTYUSDT $lqty
LQTYUSDT has tapped into monthly support zone MS1.
There is a confluence of weekly and monthly support there.
While tapping into monthly support, the price has barely touched the weekly support WS1 as well.
This zone of WS1 is very likely to reverse the price and this might already be in progress.
In case price still has some downward move left, it may go deep into WS1 zone and possibly in lower part of MS1 zone.
However, it is likely that it is going to reverse from WS1 zone if it has not done so yet.
This reversal will lead the price to go beyond the current all time high reached around 1.65.
LQTYUSDT has tapped into monthly support zone MS1.
There is a confluence of weekly and monthly support there.
While tapping into monthly support, the price has barely touched the weekly support WS1 as well.
This zone of WS1 is very likely to reverse the price and this might already be in progress.
In case price still has some downward move left, it may go deep into WS1 zone and possibly in lower part of MS1 zone.
However, it is likely that it is going to reverse from WS1 zone if it has not done so yet.
This reversal will lead the price to go beyond the current all time high reached around 1.65.
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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.