LSK/USDT IF breakout is success. Pumping is coming for the LSK!
💎LSK has recently displayed significant market dynamics, with a notable upward movement leading it to confront the bearish OB and supply area.
💎 Historically, LSK has faced strong rejection when approaching the Bearish OB area. However, if it manages to break out of the supply zone successfully this time, it could trigger a bullish momentum.
💎 In such a scenario, the price may experience a significant upward movement, probability of reaching our target strong resistance area.
💎 Conversely, if LSK fails to break out of the supply zone, the price is likely to be rejected and move downward toward the demand area at 1.3, where it could establish new momentum. When the price reaches the demand area, it must bounce if there is an intent to resume an upward trajectory and attempt a breakout.
💎 Failure to bounce or a breakdown of the demand area would be considered a negative sign, potentially leading to continued upward movement, with the next potential stop being the Bullish OB area.
💎 The Bullish OB area holds significant importance, and a successful bounce from this level, along with reclaiming the price above the demand area, would be essential for LSK to maintain its bullish stance. However, if this scenario fails to materialize, LSK may lose the Bullish OB area and continue its downward movement, potentially heading further south.
💎 Historically, LSK has faced strong rejection when approaching the Bearish OB area. However, if it manages to break out of the supply zone successfully this time, it could trigger a bullish momentum.
💎 In such a scenario, the price may experience a significant upward movement, probability of reaching our target strong resistance area.
💎 Conversely, if LSK fails to break out of the supply zone, the price is likely to be rejected and move downward toward the demand area at 1.3, where it could establish new momentum. When the price reaches the demand area, it must bounce if there is an intent to resume an upward trajectory and attempt a breakout.
💎 Failure to bounce or a breakdown of the demand area would be considered a negative sign, potentially leading to continued upward movement, with the next potential stop being the Bullish OB area.
💎 The Bullish OB area holds significant importance, and a successful bounce from this level, along with reclaiming the price above the demand area, would be essential for LSK to maintain its bullish stance. However, if this scenario fails to materialize, LSK may lose the Bullish OB area and continue its downward movement, potentially heading further south.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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.