LSK ANALYSIS (BREAK OUT OF WEDGE)

LSK ANALYSIS:

LSK has finally broken out of a strong falling wedge after bouncing from the bottom trend line. The candle brought LSK out of the wedge and into bullish territory. So far LSK has been holding well near the 50MA. The entry zone for LSK would now be between 1350-1450 sats. A few small wicks back into this zone is not unlikely, but the outlook I expect to see a further rise. Take profit targets are T1 at 1590 sats, T2 at 1790 sats, and T3 at 1965 sats. The volume need to pick up here for a wave up, but RSI is coming off a small bull flag hourly and should give it the push it needs.

Possible Entries: 1350-1450 sats

Trade closed: target reached:

WIN!
LSK/USD HIT TARGET 1!

+9.66% Profit!