Lisk/BTC rate (January 12th 2021 through March 12th 2021)
Low: 0.0000223 LSK/BTC
High: 0.0000480 LSK/BTC
With bitcoin getting pumped as hard as it has been, this scenario seems fitting. However there is a chance that we don't get the 4,800 satoshi level and we go straight towards 2,230 sats. I'm just watching this for Cindicator.
As of right now I have not tried to confirm whether or not these fibonaccis are set up correctly, so it's definitely a bit of a shot in the dark. But I do believe there could be at least 1 good bullish move in this chart in the coming weeks before going lower.
Totally possible that this is the trend reversal but I'm not 100% certain the current structures printed on the floor signify much of a bottoming out pattern and volume data hasn't given me a totally clear sign either. If this is more bullish than I'd thought, we could surpass 4,800 sats soon after reaching it the first time maybe?
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: 0.0000223 LSK/BTC
High: 0.0000480 LSK/BTC
With bitcoin getting pumped as hard as it has been, this scenario seems fitting. However there is a chance that we don't get the 4,800 satoshi level and we go straight towards 2,230 sats. I'm just watching this for Cindicator.
As of right now I have not tried to confirm whether or not these fibonaccis are set up correctly, so it's definitely a bit of a shot in the dark. But I do believe there could be at least 1 good bullish move in this chart in the coming weeks before going lower.
Totally possible that this is the trend reversal but I'm not 100% certain the current structures printed on the floor signify much of a bottoming out pattern and volume data hasn't given me a totally clear sign either. If this is more bullish than I'd thought, we could surpass 4,800 sats soon after reaching it the first time maybe?
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!