rliebert

LSK/BTC set-up to move higher or set-up to break lower?

BITTREX:LSKBTC   Lisk / Bitcoin

I had posted another chart that carried the idea that LSK would move higher after completing the current triangle... here:

After further examination, I realized that a similar pattern has appeared in the record where LSK broke lower...

Currently, there is a battle between supply and demand. Every time a crypto moves sideways, it is because supply and demand are near equilibrium. If demand overcomes supply, then we will certainly move up. If supply overcomes demand, then we will break lower.


The point of publishing this chart is to share that, as with everything crypto, there is justified uncertainty here.

Always use stops.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.