Long
LSK/BTC BREAKOUT TRIANGLE PATTERN
Updated
So LSK/BTC has now got a breakout of the symmetrical triangle pattern, price is now retesting that trendline as support. What I also see is that the moving averages are all aligned - moving up. Price has also closed above my monthly resistance (pink line) which is bullish. If you use the MACD, you can see that is has crossed - which also indicates bullish momentum.
I have set an alert at daily resistance (blue line) at price 0.00016498 BTC and looking for a potential LONG if we close above that level.
I have set an alert at daily resistance (blue line) at price 0.00016498 BTC and looking for a potential LONG if we close above that level.
Note
Moved down my alert to 0.00016179
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