without_worries

lcx.com (LCX)

Long
without_worries Mis à jour   
COINBASE:LCXUSD   LCX Token
On the above 3-day chart price action has corrected over 90% since November 2021. Now is a good opportunity to go long. Why?

1) A strong buy signal prints. (not shown).

2) Price action resistance breakout.

3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period.

Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
Transaction en cours
Commentaire:
Should the idea attract 100 likes then I'll identify when a sell signal prints for those of you not using a strategy.
Commentaire:
50% in 48hrs... fantastic. Don't chase, wait for a higher low.
Commentaire:
There's a sell signal on the daily BTC pair. Might be a swing trade opportunity.

Commentaire:
90% in 7 days!
Commentaire:
120% !! - when to sell?
Commentaire:
170% in 13 days - Amazing.

Daily chart now printing very overbought. Might be a good opportunity to swing trade back to the 21-day SMA.

Daily chart
Commentaire:
Did you like this trade?

Will update in the comment section below with one that is printing very much like LCX was 10-days ago. Is there interest??
Commentaire:
This other one is called Highstreet - and if you look below you might understand why it is chosen.
Commentaire:
Now over 300% in 20-days!

The 2-day chart is considerably overbought, time to take those profits if you've not done so already.

2-day chart
Commentaire:
** swing trade **

Look for support on the 6 cent area.

2-day
Transaction en cours:
** close swing trades **

Corrective wave 2 complete. Enjoy wave 3.

2-day chart
Commentaire:
Already a message or two asking about targets. I've no idea, just wait for sell signal to print. What can be said is Wave 3 is often the strongest impulse, which will be higher than the previous top, Wave 1. You can read about it from the link below:
www.investopedia.com...lliottwavetheory.asp

Ask me to update the idea, I'm not trading 90% of the ideas I publish, if you do not ask I'll not update!
Transaction en cours:
Past resistance now confirmed as support
Commentaire:
20 cents is the first resistance
Transaction en cours:
GRM support confirmed. Long it from 6.6 cents.
Commentaire:
on support
Commentaire:
This would be an excellent moment.

This will be Wave 3 of the larger Wave 3.
Transaction en cours
Commentaire:
Nice flag breakout with high positive divergence on the daily

Transaction en cours:
on support
Commentaire:
Did you see what printed on the daily chart?
Transaction en cours:
Transaction en cours
Commentaire:
To the moon...
Commentaire:
Past resistance confirms support
Commentaire:
Wave 3 400% move almost complete, another 80% to go.

Commentaire:
About another 50% to go until the target mentioned above.
Trade fermée: cible de profit atteinte:
Commentaire:
Bang on target (again)

Trade fermée manuellement:
10x from the bottom.
Commentaire:
Far too many messages "Is now a good long entry?"

Folks, the idea is closed the target achieved. 1000% move from the bottom only months ago. The risk reward is completely unacceptable.

The LCX-BTC pair has high negative divergence!


BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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