LSK/USD wait for a bottom.
Is Lisk worth $1,4? I think it's worth a lot more than that, but we may see it's price at this level.
Volume is still weak and RSI has a problem in reaching 70 points mark for a long time.
It bounced upwards from $2,34, which was also 94.10 Fibonacci line, and reached a high of $5,39 (one could gain a 100% profit there).
But as of now it again crossed 30d EMA downwards and it seems that LISK wants to check that $2,34-2,60 lvl again.
If that support line will break, the next major one is at $1,40 mark. And possibility is quite high that it will reach that point.
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DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If you like my charts, follow me on Twitter or Steemit.
Volume is still weak and RSI has a problem in reaching 70 points mark for a long time.
It bounced upwards from $2,34, which was also 94.10 Fibonacci line, and reached a high of $5,39 (one could gain a 100% profit there).
But as of now it again crossed 30d EMA downwards and it seems that LISK wants to check that $2,34-2,60 lvl again.
If that support line will break, the next major one is at $1,40 mark. And possibility is quite high that it will reach that point.
-----------------
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for informational and entertainment purposes only. Don't follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If you like my charts, follow me on Twitter or Steemit.
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.