$LSK 5-minute pullback of 7.31%, current price 0.2038. Two possible scenarios next:
① It holds sideways on lower volume and reclaims the breakdown level → this was most likely a shakeout
② The bounce is weak and it breaks below the 24h low of 0.19 → the downtrend will most likely continue
Personally, I’ll wait to see signs of stability before drawing any conclusions. Anyone who knows their stuff care to weigh in?
① It holds sideways on lower volume and reclaims the breakdown level → this was most likely a shakeout
② The bounce is weak and it breaks below the 24h low of 0.19 → the downtrend will most likely continue
Personally, I’ll wait to see signs of stability before drawing any conclusions. Anyone who knows their stuff care to weigh in?