daoist
Short

LSK/BTC SEESAW

POLONIEX:LSKBTC   Lisk / Bitcoin
It seems like Lisk is exhibiting signs of the 'Bitcoin Seesaw Effect'. Crypto Investing #43 - What Is A Bitcoin Seesaw Effect? - By Tai Zen

BITFINEX:BTCUSD             has shown phenomenal growth since June 12, and has continued to push forward in the past 24 hours. Until we start seeing strong signs of POLONIEX:LSKBTC             breaking to the upside, a continuation of the downward trend channel and a test of $0.44 - 0.33 USD is not out of the picture as we wait for the 'Bitcoin Draft Effect'. Crypto Investing #42 - What Is The Bitcoin Draft Effect?

What are your thoughts? Let viewers know in the comments below!
coinwatcher
7 months ago
i think the lowest lows will be tested at some point before an eventual rally in a couple months. ethereum did something similar in its first few months as i recall.
+1 Reply
daoist coinwatcher
7 months ago
great insight, I am considering this as an possible scenario :)
Reply
DrGonzo87
7 months ago
Bullish RSI divergence is apparent on the 1h and 4h. Long from 51k sats. No sooner I noticed this than the price broke out.
+1 Reply
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