Kipyegonn
Long

LSKUSD-Do you agree that this is a Long?-31.10.2017 Analysis

BITTREX:LSKUSD   Lisk / US Dollar (calculated by TradingView)
Hello guys,
It is highly likely that that 28-29.10.2017 double bar reversal pattern with a stochastics buy signal was a retest of the support-previous resistance line at $5.0.
If so, then we expect LSK bull pressure to continue with immediate target at $6.5. For that to happen, there should be a resurgence and closure above the 20 period MA and the resistance trend line at $5.5 or the upper BB.
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