LSKUSD-Do you agree that this is a Long?-31.10.2017 Analysis
Hello guys,
It is highly likely that that 28-29.10.2017 double bar reversal pattern with a stochastics buy signal was a retest of the support-previous resistance line at $5.0.
If so, then we expect LSK bull pressure to continue with immediate target at $6.5. For that to happen, there should be a resurgence and closure above the 20 period MA and the resistance trend line at $5.5 or the upper BB.
What do you guys think? let me know. If this is cool why don't you hit that follow button and get updated every time I post some cool stuff here. Otherwise, there is much more you can learn if you visit our NewsBTC website https://here-https://goo.gl/DXBmuQ
We cover BTC, Ethereum and others.
It is highly likely that that 28-29.10.2017 double bar reversal pattern with a stochastics buy signal was a retest of the support-previous resistance line at $5.0.
If so, then we expect LSK bull pressure to continue with immediate target at $6.5. For that to happen, there should be a resurgence and closure above the 20 period MA and the resistance trend line at $5.5 or the upper BB.
What do you guys think? let me know. If this is cool why don't you hit that follow button and get updated every time I post some cool stuff here. Otherwise, there is much more you can learn if you visit our NewsBTC website https://here-https://goo.gl/DXBmuQ
We cover BTC, Ethereum and others.
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.