$LQTY has been in a downtrend for over 2 years, recently broke out of it and then retested the trend line as support.
We've had an initial thrust off the bottom and have now retraced 60%+ from that move, which leads me to believe, it's finally time for this thing to start it's real run higher.
We're currently testing the bottom of the cloud, if the cloud holds...
since LQTY's ATH in Coinbase it drops over 93% what you also know on my Past Coins like this that is a nice potential to move now Higher and get the Targets what i gave you.
For now LQTY is on a simple Box Range and as soon as it left this Box we will see it higher.
the other confluence is that as soon as it Push up to TP 1 it could create a Cup and Handle...
After BTC ETF the ETH ETF narrative the next. Eth beta coins are already making good gains.
$LQTY is one of the eth beta coins. looks good.
bouncing from the golden pocket support zone.
Tp1 - 1.9
tp2 - 3
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...
After 8 weeks of being listed on Coinbase, LQTY closed in RED every week.
Can this change now? It's only Monday.
But it is nice to see a little bit of green. Hahaha.
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You could enter here around $2.98 and have considerable upside if BTC wants to run tomorrow, or maybe sooner perhaps. We have some nice hidden bullish divergence going down that could provide a very nice trade. For safety, I would put a stop around entry or as low as $2.69. NFA, DYOR
LQTY seems to be bullishly engulfing on the 4hr but has yet to close. I'm thinking we could start to run up the channel again potentially. If we can break the channel that would be uber bullish. NFA, DYOR
LQTY is an interesting project and a new Coinbase listing that seems to have bottomed. We could be a catching a knife here but I do see a hint of reversal if we can cross and hold above the orange line. NFA, DYOR.
