philocrypt0

LSK/USD Idea

philocrypt0 Updated   
POLONIEX:LSKUSD   Lisk
Similar idea to the OMG/USD chart I just posted (link below). Clear break of red line resistance from 1D chart, followed by a quick correction with a bounce from resistance turned support and top of cloud. MACD confirms with a crossover. Might be able to scalp some more good prices at the top of the cloud, but now I see an assault on resistance at $6.70.

Happy trading!
Trade closed: target reached:

Nice break. I'd say take profit at $8 as that's the next line of resistance and we are approaching oversold. Keep some open though because crypto is awesome and anyone who has crypto is also awesome.

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