LCX
Long
Aggiornato

lcx.com (LCX)

6 241
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.
Trade attivo
Nota
Should the idea attract 100 likes then I'll identify when a sell signal prints for those of you not using a strategy.
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50% in 48hrs... fantastic. Don't chase, wait for a higher low.
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There's a sell signal on the daily BTC pair. Might be a swing trade opportunity.

istantanea
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90% in 7 days!
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120% !! - when to sell?
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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
istantanea
Nota
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??
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This other one is called Highstreet - and if you look below you might understand why it is chosen.
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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
istantanea
Nota
** swing trade **

Look for support on the 6 cent area.

2-day
istantanea
Trade attivo
** close swing trades **

Corrective wave 2 complete. Enjoy wave 3.

2-day chart
istantanea
Nota
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:
investopedia.com/terms/e/elliottwavetheory.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!
Trade attivo
Past resistance now confirmed as support
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20 cents is the first resistance
Trade attivo
GRM support confirmed. Long it from 6.6 cents.
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on support
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This would be an excellent moment.

This will be Wave 3 of the larger Wave 3.
Trade attivo
Nota
Nice flag breakout with high positive divergence on the daily

istantanea
Trade attivo
on support
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Did you see what printed on the daily chart?
Trade attivo
istantanea
Trade attivo
Nota
To the moon...
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Past resistance confirms support
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Wave 3 400% move almost complete, another 80% to go.

istantanea
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About another 50% to go until the target mentioned above.
istantanea
Trade chiuso: obiettivo raggiunto
istantanea
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Bang on target (again)

istantanea
Trade chiuso manualmente
10x from the bottom.
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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!

istantanea
Nota
Time to go long again for wave 5

istantanea


LCX.btc pair

istantanea

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