LSK breaking the log-downtrend with a falling wedge?
Updated
LSK is sitting on the EMA20 and could break the res at $6 and the downtrend.
The last few days we have a nice increase in volume after it feels nearly dead.
After Lsk holding the $7+ EMA20 & EMA50 will cross and could give us a extra boost to the next res at $10
This only could happen with a strong BTC in the back.
My idea is that BTC will have a bullrun till mid of august because there is a hope that sec allow ETF´s (the chance for allowing ETF´s by sec is round about 25%.... this should be enough for a bullrun^^)
LSK/BTC could go down and LSK/USD up.
dont trust me blindly and dyor.
The last few days we have a nice increase in volume after it feels nearly dead.
After Lsk holding the $7+ EMA20 & EMA50 will cross and could give us a extra boost to the next res at $10
This only could happen with a strong BTC in the back.
My idea is that BTC will have a bullrun till mid of august because there is a hope that sec allow ETF´s (the chance for allowing ETF´s by sec is round about 25%.... this should be enough for a bullrun^^)
LSK/BTC could go down and LSK/USD up.
dont trust me blindly and dyor.
Note
falling wedge still activeNote
out of falling wedge. Be careful now. Could be an ugly day.
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