$LSK on 31 October it will switch to lithium. We must withdraw from it before 20 October. It will drop—this week. Technical LSK reading — Daily frame
Current price: $0.2693, down 2.18% from the previous session close, and practically at the lowest range of the last 7 days: $0.2694. This reflects the continuation of selling pressure, noting that today’s candle has not closed yet and the reading could change before the end of the session.
1) Overall trend
SuperTrend: at $0.5102 and trending downward.
The fact that the price is far below this indicator means the daily trend is still weak, and no confirmed trend-reversal signal has appeared.
Over 7 days: LSK down 21.0%.
Over 20 days: down 65.12%.
This pace of decline implies high volatility, but it does not automatically mean the final bottom has been recorded.
2) Moving averages
7-day average: $0.2898
Current price: $0.2693, down 2.18% from the previous session close, and practically at the lowest range of the last 7 days: $0.2694. This reflects the continuation of selling pressure, noting that today’s candle has not closed yet and the reading could change before the end of the session.
1) Overall trend
SuperTrend: at $0.5102 and trending downward.
The fact that the price is far below this indicator means the daily trend is still weak, and no confirmed trend-reversal signal has appeared.
Over 7 days: LSK down 21.0%.
Over 20 days: down 65.12%.
This pace of decline implies high volatility, but it does not automatically mean the final bottom has been recorded.
2) Moving averages
7-day average: $0.2898