Long

LXT/BTC - Great setup for big profits!

LXT has broken thru all short term support zones, looks like a major dump from whales. The trend line broke thru with ease, along with 50 and 100 MA being demolished. We have entered the support zone in an extreme oversold RSI. This is a huge buying opportunity for those that did not buy in at trend line. I expect a bounce out of buy zone now back towards trend line which will be resistance now. RSI is seeing its highest point of oversold. Area in support 6000-6200 is a strong buy upon the first green reversal candle.

Chart PatternsTechnical IndicatorsTrend Analysis

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