FieryTrading

LSK/BTC: New Bull-Run Soon?

Long
BINANCE:LSKBTC   Lisk / Bitcoin
LSK/BTC failed to pierce through the all time low around 600 sats. Recent price action could signal a new bull run starting soon, take a look at today's massive engulfing candle for example.

The most conservative approach to this trade would be to target Resistance 1, based at last week's high. Resistance would yield higher returns to the cost of higher risk.

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