LSK wrote a headline at $2. Then it sent the receipt.
Price is 0.9285, still +332% from the 0.1916 low. The wick tagged a clean 2.0000. Volume 176M LSK / $110M. That is a crowd not a whisper.
The 4H left 0.11, skipped the stairs, and kissed the round number. The next candle gave a piece of it back. A pro reads two facts at once. One: the move from the base is still an expansion. Two: $2 was rejected.
Those can both be true. EMA7 at 0.587 is now the first adult floor. EMA25 0.298 and EMA99 0.158 are the old neighborhood.
RSI at 76.5 is cooling, not collapsing. The educational point is blunt. You do not need to own the wick to understand the chart. If 0.59 holds, a second act is allowed. If it fails, the market walks you back to 0.30 for a lesson in mean reversion.
Trade the location. Not the memory of two dollars. DYOR.
$LSK
$ESP
$STEEM
Price is 0.9285, still +332% from the 0.1916 low. The wick tagged a clean 2.0000. Volume 176M LSK / $110M. That is a crowd not a whisper.
The 4H left 0.11, skipped the stairs, and kissed the round number. The next candle gave a piece of it back. A pro reads two facts at once. One: the move from the base is still an expansion. Two: $2 was rejected.
Those can both be true. EMA7 at 0.587 is now the first adult floor. EMA25 0.298 and EMA99 0.158 are the old neighborhood.
RSI at 76.5 is cooling, not collapsing. The educational point is blunt. You do not need to own the wick to understand the chart. If 0.59 holds, a second act is allowed. If it fails, the market walks you back to 0.30 for a lesson in mean reversion.
Trade the location. Not the memory of two dollars. DYOR.
$LSK
$ESP
$STEEM
