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madgod
Aug 30, 2017 5:20 AM

LSK downward channel until September Long

Lisk / BitcoinBittrex

Description

Looks like we're in in a downtrend for the next 12 hours or so. Support/resistance rays indicate the following channel before prices meet support and resume uptrend. Elliot wave analysis might provide targets, but LISK team AMA tomorrow may prove to be catalyst to break pattern.

Horizontal buy in lines show my entries. On the downtrend, unfortunately. :(

Comment

Looks like we've crossed the top resistance line after a huge rally around 1200UTC. Support holding steady.
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