Liq Protocol is exploding in weeksAs you can see, we have had numerous rejections of the 27 SMA (Daily), and with the high volume in recent days, it is likely that it can break the resistance.
On top of that, the RSI daily is also forming a reversed head and shoulder pattern.
These two indicators with the high volume point to a big explodion. According to the Fibonacci Retracement ratio, it is likely going to 1 dollar and might test the all-time high of 4 dollars within months
LIQUSDT trade ideas
LIQ - 99% down from ATHAs KBOX, LIQ is a coin that was highly dumped in the latest Altcoin crash.
With an ATH of 4.00 USD, this coin is 99% down.
Weekly RSI is at 3.
Downtrend still intact, but with recently high volume there is an indication that we will break it and make easily 10-20x with this one.
Liq protocol might have a big boomThis is a clear moving-average resistance that we are experiencing. With such HIGH volume in trading, it is likely that capital wants to flow INTO LIQ protocol. This means that the moving-average resistance might be broken in the “touch point”. When this happens, I believe the price will at least shoot to one-forth of its all time high ($1), and at most test the all time high ($4).