LQTYUSD Some more fuel left to burn on this rise.

Liquity (LQTYUSD) broke yesterday above the 1D MA200 (orange trend-line) for the first time since July 14. That is the 2nd major bullish break-out signal since the breaking over the Bear Cycle's Lower Highs trend-line on October 01. The presence of the 0.382 Fibonacci retracement level now shouldn't stop this rally, but Resistance 1 (1.8200) could. As a result we are only willing to take the risk until 1.8000, as the 1D RSI is vastly overbought (85.00). After that, look for the best buy opportunity on the 1D MA50 (blue trend-line) again.


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