in the first 3-month interval LSK ran up 1700%. The second 3-month interval is behaving the same way. even if there was no re-branding I would assume by March 7th we would see the price around .0068 in the same magnitude of first 3-month period. I think we are in blue rectangled area as of now. The only difference last pattern and first is that slope is steeper and much stronger support this time. this only means we may not need to wait until March 7 to see one more leg up. if BTC 10K by then then the price would be at least somewhere around $68. if this doesn't happen by Feb 19th I suggest to hold.
this is just an estimate please do your own research and invest wisely.
this is just an estimate please do your own research and invest wisely.
Comment:
I still hold until March 7. Weekly MACD does not look promising however daily MACD indicates a bounce is possible. Not sure if it can go above .0026 or .0032. It would be an opportunity to sell between that price range and wait until it completes downward weekly trend. After that weekly cycle is completed we can see the price .0068 and above. Let me know what you think please.