🔥 A single bullish candle smashed straight through the 24-hour high, and the market went wild.
I watched the $LSK 0.21853 candle close—the chart was yelling “Go for it!” while my strategy was saying “Stay put.”
😤 Which side are you on?
📊 Volume surged 8x on the breakout; RSI 64.8, CCI 272, with 6/7 conditions met—it looked like a textbook rebound.
But the 1h trend was bearish, while the 4h and 1d were tangled up. The overall direction just wasn’t there.
💀 BTC and ETH were both leaning bearish, so the rules vetoed altcoin longs outright.
⚠️ The close was 0.21853, already +8.00% above the upper edge of the moving-average cluster at 0.20285.
Price is too far from the moving averages—chasing it would just hand the bears more ammunition.
I’m not opening a position or chasing longs.
I’ll wait to see if price pulls back to the upper edge of the moving-average cluster without breaking below it, and if the 1h stabilizes, then I’ll consider taking action.
For now, I’m just watching.
This is the dividing line—chase it, or wait?
⚠️ Technical analysis is for reference only and does not constitute investment advice
#LSK $LSK
I watched the $LSK 0.21853 candle close—the chart was yelling “Go for it!” while my strategy was saying “Stay put.”
😤 Which side are you on?
📊 Volume surged 8x on the breakout; RSI 64.8, CCI 272, with 6/7 conditions met—it looked like a textbook rebound.
But the 1h trend was bearish, while the 4h and 1d were tangled up. The overall direction just wasn’t there.
💀 BTC and ETH were both leaning bearish, so the rules vetoed altcoin longs outright.
⚠️ The close was 0.21853, already +8.00% above the upper edge of the moving-average cluster at 0.20285.
Price is too far from the moving averages—chasing it would just hand the bears more ammunition.
I’m not opening a position or chasing longs.
I’ll wait to see if price pulls back to the upper edge of the moving-average cluster without breaking below it, and if the 1h stabilizes, then I’ll consider taking action.
For now, I’m just watching.
This is the dividing line—chase it, or wait?
⚠️ Technical analysis is for reference only and does not constitute investment advice
#LSK $LSK