#LAI/USDT#LAI
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 0.01500
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.01500
The first target is 0.02080
The second target is 0.02625
The third goal is 0.03192
LAIX
#LAI/USDT#LAI
We have a bearish channel pattern on a 12-hour frame, within which the price moves and adheres to its limits well.
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher when it is broken
Entry price is 0.04200
The first target is 0.05560
The second goal is 0.06700
The third goal is 0.08100
LAIX Inc Oversold. LAIXGoals 4.14, 4.64. Invalidation at 2.64.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
LAIXLAIX Inc (NASDAQ:LAIX) From a technical standpoint, the stock closed the big gap made on February 5 as it gave up much of its gains from the past three weeks. Technical indicators are showing positive divergences. I'm betting on a reversal and a possible rise over $3.08 in the coming days.
LAIX Technical Analysis.If you understand the idea,🎯 press a thumb up! 👍👍👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
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