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Technical analysis by Jordsito about Symbol LQTY: Buy recommendation (12/4/2023)

https://sahmeto.com/message/599666
Jordsito
Jordsito
Rank: 13889

LQTY Long

Buy
Price at Publish Time:
$1.63
Buy،Technical،Jordsito

Clear-cut trade; thesis is price revisiting spring '23 level. Have seen other alts complete it already, while those that haven't yet will typically follow. Based on nearly a year of following LQTY's price movement, I've found they tend to be very aggressive and spontaneous moves, often coming right after impressive +% BTC days. Would not be surprised if this were to fill relatively soon. Good luck!Wasn't ready to pump. Watching how it handles this formation; currently battling resistance at 1.444. Gold cross formed on 8hr, though it could falter if price stagnates here.Retesting trendline now -- chance it bottomed out and could bounce from here. High risk, not touching it just yet

Source Message: TradingView
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