LSK seems to be consolidating while investors move to the sidelines awaiting news, pondering the upcoming waves listing and watching the strong BTCUSD. In the meantime, it will test levels on lower liquidity, and thus more exposed volatility to news. Looking like support above .0007 and resistance at the .00082 levels
LSK appears to be testing the lower range of the channel from yesterday. If channel support fails, it could form a new downward channel, moving lower on consolidation, and find support in around .0007
New channel seems to be again forming, to take LSKBTC to re-test .00088. It could find support around .00082 again before finally breaking through to the upside.
There have been two tests below .0007 in the last 24 hr, Just now a break to the upside could mean a retest of the .000824 level.
After breaking .0008240 tops, looks like support may form there, and if buying support continues, allow progression in an upward channel for the next short while.