In our previous post in this series about chart patterns we described the characteristics, rules, and causes of triangle patterns (if you haven't seen it, see the related idea below).
In this post, we perform an advanced analysis of broadening wedges patterns. We provide a description of each pattern and its implications. We also review the literature in order to...
Lukso Potential moves over the next 1-2 weeks, will be breaking them down in my upcoming youtube video and what to do in each scenario!
scenario 1 is a straight forward trend within the drawn lines
scenario 2 we see a pull back into a teacup and handle (to the moon after)
scenario 3 we slide into a double bottom and see another large accumulation stage
LYXE broke microtrend and is heading up to the fibs. Let's see how long it takes to punch the ticket.
LUKSO (LYXE) My preliminary Entrance: 11.75
Do you like big wins and big money? Do you have strong hands and patience?
I'm a full-time Wyckoffian VSA crypto swing trader (since 2017) and regularly seek out the most lucrative swings available on all the major...
Requested by @YorkyBuzzard on Twitter
Elegant chart with solid price growth. Multiple flag breakouts. Triangle forming now. Path drawn.
No hint of a pump and dump at all
The team has obviously worked hard to ensure that their token grows sustainably.
Nothing will hold this back from breaking through those resistances once Bitcoin stokes the fire.
Although the hype is building up now, we have to wait a little longer before the actual breakout will happen. Expect first a drawback to around 6 dollars, as we see resistance in continuing up to previous ATH's. After a bounce on the long term support, I believe we are ready for a new breakout of this pattern.
Welcome back Traders, Investors, and Community!
Hi Traders, LYXEUSDT on D TF has broken above a major resistance. I can go higher after retest
⬆️Buy now or Buy at 7.27
⭕️SL @ 4.94
✅TP1 @ 12.88
✅TP2 @ 18.95
✅TP3 @ 27.50
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Following Eth and the rest of the market, it is fair to say we are most likely going to continue in the downtrend if they do not pick up.
If we continue to go below $6 I see the next resistance levels being $5.50 and a hard floor at around $5.
Many people have said that the price will pick up once main net is released. However, we have yet to receive a date...
Porsche, one of the largest sports car manufacturers in the world, is entering the NFT market with the launch of its new startup, Fanzone.
However, rather than tokenizing its own vehicles, the German company will be focusing on soccer-themed collectibles.
The NFTs will be issued on the Lukso blockchain (LYXE) which was built by former Ethereum developed, Fabian...