A CLOSER LOOK OF #LQTY'S POSSIBLE NEXT PRICE ACTION!
We are already witnessing LQTY's stronghold in the price range of 0.48-0.68. These levels are considered to be close to their oversold status. Hence, we have already identified the areas where sell orders will be awaiting the attempts at breaking its market resistances. Thus, for the overall scenario of LQTY. We're still following the bearish sentiment surrounding it after we have already secured more than 59% increase from our entry. Once we have already identified LQTY's next bottom, we will then, keep an even closer look to ensure we can take the best position in its market structure. As a hint, you may verify if it ever breaks 0.4. From there, you can also review the intentions of buyers to test, intensify and break for bullish reversals.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
