On the daily timeframe (1D), the LQTY/USDT pair is showing an interesting setup. The price is currently trading around 0.862 USDT, approaching the upper boundary of a falling wedge pattern that has been developing since late July.
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🔎 Main Pattern: Falling Wedge
A falling wedge forms when the market prints lower highs and lower lows within a narrowing range.
This formation is typically considered a bullish reversal pattern, often leading to an upside breakout if supported by strong volume.
The wedge is tightening, signaling that the market is entering a decision phase.
---
📈 Bullish Scenario
1. Breakout confirmation: requires a daily close above the wedge resistance (~0.95–1.00 USDT) with rising volume.
2. Upside targets:
Initial target: 1.07 USDT (nearest resistance).
Next targets: 1.37 USDT and 1.61 USDT.
If momentum extends, a larger target lies around 2.13 USDT.
3. Entry strategy:
Aggressive traders may enter on the breakout.
Conservative traders may wait for a retest of the breakout line before entering.
4. Risk management: place stop-loss below wedge support (~0.75–0.70) or recent swing low.
---
📉 Bearish Scenario
1. Failure at resistance: rejection at the wedge upper trendline would keep the downtrend intact.
2. Breakdown confirmation: a daily close below wedge support (~0.70–0.62).
3. Downside targets:
Immediate supports: 0.70 → 0.62 USDT.
Bearish extension: 0.431 USDT (previous major low).
4. Note: false breakdowns can occur on low volume, so strict stop-loss discipline is crucial.
---
⚖️ Conclusion
LQTY is now at a critical decision point.
A confirmed breakout could trigger a reversal with upside potential toward 1.07 → 1.37 → 1.61 USDT, and possibly 2.13 USDT in the long run.
Failure to break higher or a confirmed breakdown below the wedge would likely extend the bearish trend toward 0.62–0.43 USDT.
---
📌 Trading Notes
Wait for confirmation before entering — volume and daily close matter.
Manage risk properly; altcoins like LQTY are highly volatile.
This is technical analysis, not financial advice. Trade at your own risk.
---
#LQTY #LQTYUSDT #Crypto #TechnicalAnalysis #FallingWedge #Breakout #SupportResistance #Altcoins #PriceAction
---
🔎 Main Pattern: Falling Wedge
A falling wedge forms when the market prints lower highs and lower lows within a narrowing range.
This formation is typically considered a bullish reversal pattern, often leading to an upside breakout if supported by strong volume.
The wedge is tightening, signaling that the market is entering a decision phase.
---
📈 Bullish Scenario
1. Breakout confirmation: requires a daily close above the wedge resistance (~0.95–1.00 USDT) with rising volume.
2. Upside targets:
Initial target: 1.07 USDT (nearest resistance).
Next targets: 1.37 USDT and 1.61 USDT.
If momentum extends, a larger target lies around 2.13 USDT.
3. Entry strategy:
Aggressive traders may enter on the breakout.
Conservative traders may wait for a retest of the breakout line before entering.
4. Risk management: place stop-loss below wedge support (~0.75–0.70) or recent swing low.
---
📉 Bearish Scenario
1. Failure at resistance: rejection at the wedge upper trendline would keep the downtrend intact.
2. Breakdown confirmation: a daily close below wedge support (~0.70–0.62).
3. Downside targets:
Immediate supports: 0.70 → 0.62 USDT.
Bearish extension: 0.431 USDT (previous major low).
4. Note: false breakdowns can occur on low volume, so strict stop-loss discipline is crucial.
---
⚖️ Conclusion
LQTY is now at a critical decision point.
A confirmed breakout could trigger a reversal with upside potential toward 1.07 → 1.37 → 1.61 USDT, and possibly 2.13 USDT in the long run.
Failure to break higher or a confirmed breakdown below the wedge would likely extend the bearish trend toward 0.62–0.43 USDT.
---
📌 Trading Notes
Wait for confirmation before entering — volume and daily close matter.
Manage risk properly; altcoins like LQTY are highly volatile.
This is technical analysis, not financial advice. Trade at your own risk.
---
#LQTY #LQTYUSDT #Crypto #TechnicalAnalysis #FallingWedge #Breakout #SupportResistance #Altcoins #PriceAction
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✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。