The LSK course bounced back from where I expected it. Personally, I have already obtained 7% of earnings, because I think that LSK will fly even lower to around $ 1.2 and it is possible that then it will break the mountain from the downward channel to around $ 2.2
Previous analises:
Previous analises:
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Lisk goes further in the inheritance channel. After breaking the resistance at $ 1.4 we should see a strong decline. Which will result from a large drop on BTC combined with breaking the resistance on 618 fibbo. Everything is going well.
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lisk at this point $ 1.2 is oversold. This is a good time to enter, given that btc tested the rebion of last support at $ 9,180. I wish you successful profits: P
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and we got a great impulse as I expected. Now you have to watch closely because LSK bounced off the downward trend line of the downward channel. Personally, I sold the items with an 18% profit and I think LSK will fall to $ 1.2 again.
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and we managed to have $ 1.2. If btc goes up as indicated, we can see very strong growth even around $ 2. If we don't break the downward trend or btc flies lower as 8600 I advise against joining LSK because below $ 1.2 the next support will be $ 0.8 and $ 0.5. Which can be very costly considering a 50% drop from $ 1 to $ 0.5
I think we are facing further declines and downward line tests. Which is a good opportunity to accumulate more LSK and prepare for the future breakout and level test from the red box.