Complete retest of the lower trendline occurred, moon phase now!
Hello there, this is our view on LSKBTC, enjoy!
Analysis:
-On chart:
Small bearish pennant about to breakout, small falling wedge preparing for the breakout, big falling wedge starting to watch for a breakout. Very very good point to buy. Wma200 and ema200 cross rebounced it of a 24%, so they're very likely to rebounce it as far as it gets newly there (very soon). Sma at every lenght made death crosses. Preparing wave 5 on weekly. Very stretched bollinger width and we're very close to the lower band: next (small) move will be down, but what then? Ichimoku cloud is very bullish itself even it won't support neither resist any movement.
-Technicals:
Most oscillators, like chaikin, money flow, rsi, and ultimate, are growing from oversold and show a very good-holding trendline. Stochastic (14,3,3) already in oversold but just made a golden cross. No momentum on macd, awesome is slightly bearish.
Strategy:
It's been a while since we posted a shitcoin, so lets see...
Entry (long): 1416 - 1370 - 1266 (less likely to be seen)
Target (short-term): 1577 - 1737
Hodl sell: 1888 - 2579
Stoploss: 1200
Risk/reward: 2.57 - 5.41
Warning: very volatile. We suggest you should adopt a thorough money management for this kind of trade!
Trade safe, Anlvis.
Analysis:
-On chart:
Small bearish pennant about to breakout, small falling wedge preparing for the breakout, big falling wedge starting to watch for a breakout. Very very good point to buy. Wma200 and ema200 cross rebounced it of a 24%, so they're very likely to rebounce it as far as it gets newly there (very soon). Sma at every lenght made death crosses. Preparing wave 5 on weekly. Very stretched bollinger width and we're very close to the lower band: next (small) move will be down, but what then? Ichimoku cloud is very bullish itself even it won't support neither resist any movement.
-Technicals:
Most oscillators, like chaikin, money flow, rsi, and ultimate, are growing from oversold and show a very good-holding trendline. Stochastic (14,3,3) already in oversold but just made a golden cross. No momentum on macd, awesome is slightly bearish.
Strategy:
It's been a while since we posted a shitcoin, so lets see...
Entry (long): 1416 - 1370 - 1266 (less likely to be seen)
Target (short-term): 1577 - 1737
Hodl sell: 1888 - 2579
Stoploss: 1200
Risk/reward: 2.57 - 5.41
Warning: very volatile. We suggest you should adopt a thorough money management for this kind of trade!
Trade safe, Anlvis.