$LSK WHAT A TERRIFYING THING!
LSK is still pumping, folks. The recent dump candles are just a sign of profit-taking; it’s not a full reversal yet. I see the short volume right now is quite large, so a continued rise is hard to avoid. Most likely it will break above the 0.68 peak—or at the very least, there will be a pullback with a 90% probability to the 0.63 level, so that shorts can get swept to create liquidity. If it truly goes up to that area or continues breaking the previous high, then the second drop will happen extremely fast. This chart is showing a pattern similar to $BANK . Just wait a bit, then short it after—right now the push is still very strong. FOMO is real; don’t hesitate. At this time, waiting for a buying entry on spot or going Long is still the best move.
$LSK
LSK is still pumping, folks. The recent dump candles are just a sign of profit-taking; it’s not a full reversal yet. I see the short volume right now is quite large, so a continued rise is hard to avoid. Most likely it will break above the 0.68 peak—or at the very least, there will be a pullback with a 90% probability to the 0.63 level, so that shorts can get swept to create liquidity. If it truly goes up to that area or continues breaking the previous high, then the second drop will happen extremely fast. This chart is showing a pattern similar to $BANK . Just wait a bit, then short it after—right now the push is still very strong. FOMO is real; don’t hesitate. At this time, waiting for a buying entry on spot or going Long is still the best move.
$LSK
