Hello guys,
It is highly likely that that 28-29.10.2017 double bar reversal pattern with a stochastics buy signal was a retest of the support-previous resistance line at $5.0.
If so, then we expect LSK bull pressure to continue with immediate target at $6.5. For that to happen, there should be a resurgence and closure above the 20 period MA and the resistance trend line at $5.5 or the upper BB.
What do you guys think? let me know. If this is cool why don't you hit that follow button and get updated every time I post some cool stuff here. Otherwise, there is much more you can learn if you visit our NewsBTC website goo.gl/DXBmuQ
We cover BTC, Ethereum and others.
It is highly likely that that 28-29.10.2017 double bar reversal pattern with a stochastics buy signal was a retest of the support-previous resistance line at $5.0.
If so, then we expect LSK bull pressure to continue with immediate target at $6.5. For that to happen, there should be a resurgence and closure above the 20 period MA and the resistance trend line at $5.5 or the upper BB.
What do you guys think? let me know. If this is cool why don't you hit that follow button and get updated every time I post some cool stuff here. Otherwise, there is much more you can learn if you visit our NewsBTC website goo.gl/DXBmuQ
We cover BTC, Ethereum and others.