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PolarHusk
Jul 25, 2020 4:04 PM

LSK/BTC (Bullish Triangle Pattern?) Long

Lisk / BitcoinBinance

Description

LSK/BTC

-we can see a clear rejection of flat area of resistance at 1400
-the price pullback to the 50ma dynamic support range
-bulls keep a series of higher lows which will give potential breakout
-technically, it is forming a bullish ascending triangle
-a confirmation upside breakout is the only thing we are waiting
-the potential upside target is up to 1700-2000 range or higher
-invalidating my bullish bias if the ascending trendline is broken down
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