LSK +500% - Don't FOMO ๐ฅ
LSK has just surged by nearly 500%, from 0.19 up to 2 USDT, then got heavily dumped back to 1.23.
At this point, going Long is too late; going Short right away is likely to get squeezed.
๐ Great scenario: wait for the price to break below the 1.05โ1.10 range, then it rebounds but fails to reclaim it โ look for a Short aligned with the dump.
If 1.05 holds and it accumulates โ be careful of a pump into the second wave.
When a coin jumps a few hundred percent: don't guess the top. Wait for the trend to break, then trade.
#LSK #Crypto #Trading #Binance
LSK has just surged by nearly 500%, from 0.19 up to 2 USDT, then got heavily dumped back to 1.23.
At this point, going Long is too late; going Short right away is likely to get squeezed.
๐ Great scenario: wait for the price to break below the 1.05โ1.10 range, then it rebounds but fails to reclaim it โ look for a Short aligned with the dump.
If 1.05 holds and it accumulates โ be careful of a pump into the second wave.
When a coin jumps a few hundred percent: don't guess the top. Wait for the trend to break, then trade.
#LSK #Crypto #Trading #Binance
