LSK downward channel until September
Updated
Looks like we're in in a downtrend for the next 12 hours or so. Support/resistance rays indicate the following channel before prices meet support and resume uptrend. Elliot wave analysis might provide targets, but LISK team AMA tomorrow may prove to be catalyst to break pattern.
Horizontal buy in lines show my entries. On the downtrend, unfortunately. :(
Horizontal buy in lines show my entries. On the downtrend, unfortunately. :(
Note
Looks like we've crossed the top resistance line after a huge rally around 1200UTC. Support holding steady.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.