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LQTY / TetherUS

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LQTYUSDT trade ideas

LQTY/USDT Could LQTY Bounce and Break the pattern or Break down?💎LQTY has recently displayed noteworthy market dynamics, with a two-week consolidation period observed around the demand area. 💎 Today, there is a notable bounce in momentum, signaling a probability upward movement toward the resistance trendline of the descending channel pattern. 💎 A successful breakout above this pattern could trigger a bullish momentum, propelling the price upward and potentially reaching our target area. 💎 However, if LQTY breaks down below the demand area, it may indicate a shift back to bearish sentiment. This could lead to a continuation of the downward movement, ultimately returning to test the key support area.
by MyCryptoParadise
LQTYUSDT"As we enter the bullish season, the initial target to aim for is target : 16 🎯. This is based on a combination of technical analysis indicators and market trends. However, it's important to approach trading with caution and adapt to changing market conditions. Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market. Remember to use proper risk management techniques and consider setting profit targets along the way. Happy trading!"
Long
by MKO_Trading
LQTY/USDT Next Possible Move? 👀🚀LQTY Analysis💎 Paradisers, prepare for a promising trading opportunity with LQTYUSDT. The asset is currently exhibiting notable activity in the demand zone, which could be a precursor to an upward trend. 💎 Liquity has been consistently following a trading channel pattern. Its recent breakout above this channel suggests a climb towards a resistance level, followed by a swift pullback, in line with its established trading pattern. 💎 There's a significant chance of a bullish trend starting from the support level at approximately $1.40. Having effectively broken out of the trading channel in an upward direction, LQTY is now setting its sights on resistance levels around $1.80. 💎 Precise timing is essential for astute Paradisers. It's crucial to pinpoint the most advantageous entry points during this upward trend and to remain cautious about entering at the peak. 💎 Remain vigilant, as there is a risk of LQTY falling below the support level of $1.40. A decline below this key level may raise concerns about the viability of the ongoing upward trend.
Long
by MyCryptoParadise_Simon
1
LQTY/USDT Break out the descending pattern. Bullish Momentum ???💎 LQTY has certainly garnered a lot of interest in the market. It has recently broken out of a descending channel pattern and is now likely to undergo a retesting phase at the resistance trendline of the descending channel, which could set the stage for further upward movement. 💎 If LQTY successfully completes this retesting phase, signified by a bounce and continued upward trend, the next target to watch is the resistance level around $1.56. A breakout above this resistance, probability could streamline LQTY's journey toward our projected supply area. 💎 However, should LQTY fail to breach the $1.56 resistance, there's a possibility that it might revert downwards, potentially heading back to the support level area around $1.27. 💎 At the $1.27 support area, it's crucial for LQTY to show a robust recovery. If it only consolidates without a significant bounce, there's a risk that LQTY could lose this support level and continue its descent towards a stronger demand zone.
by MyCryptoParadise