8.2 Weekend Market Overview: Multiple indicators in LA suggest an impending correction #lagrange
$LA shows divergence in volume and price, a KDJ death cross appears, and MACD is also about to show a death cross; these three indicators indicate that LA is about to face a correction
LA is blocked at 0.331 forming multiple tops, also pressed by the descending trend line, reaching here again meets resistance and corrects; when there is an opportunity to touch near the trend line and the 0.331 position, a right-side short can be placed, defending 0.334, with a target down to 0.317; conversely, ambushing on the left side at 0.317 to go long, defending 0.30115, with a target looking at 0.33285; at the same time, one can also chase long after breaking through and stabilizing above the descending trend line, defending 0.326, with a target of 0.342@Lagrange Official
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