LSK/BTC set-up to move higher or set-up to break lower?
I had posted another chart that carried the idea that LSK would move higher after completing the current triangle... here:
https://www.tradingview.com/chart/LSKBTC/vm6ynOce-LSK-BTC-looks-ready-to-explode-higher/
After further examination, I realized that a similar pattern has appeared in the record where LSK broke lower...
Currently, there is a battle between supply and demand. Every time a crypto moves sideways, it is because supply and demand are near equilibrium. If demand overcomes supply, then we will certainly move up. If supply overcomes demand, then we will break lower.
The point of publishing this chart is to share that, as with everything crypto, there is justified uncertainty here.
Always use stops.
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