LSK +20.4%—this kind of money looks tempting, but it can burn you when you touch it
Hold your horses—read this first: I’ve verified the data: LSK $0.2492, 24h +20.4%, trading volume $20 million, volume ratio 8.8, funding rate -0.106%/8h.
Interesting: funding rate -0.106%. Shorts are paying while waiting for a crash; longs are reluctant to sell and holding on tight. One side will have to admit they were wrong.
Eight times out of ten, a chart like this is being pumped for show. Resistance at $0.2427 (broken above)—if it really holds, I’ll change my tune. If it breaks below support at $0.1558, I’ll turn bearish. I’m ignoring the noise in between.
I check the answers at this time every night, without fail. Are you keeping watch?
The above is my personal market observation and does not constitute trading advice. DYOR.
$LSK #LSK #BTC #MarketAnomaly
Hold your horses—read this first: I’ve verified the data: LSK $0.2492, 24h +20.4%, trading volume $20 million, volume ratio 8.8, funding rate -0.106%/8h.
Interesting: funding rate -0.106%. Shorts are paying while waiting for a crash; longs are reluctant to sell and holding on tight. One side will have to admit they were wrong.
Eight times out of ten, a chart like this is being pumped for show. Resistance at $0.2427 (broken above)—if it really holds, I’ll change my tune. If it breaks below support at $0.1558, I’ll turn bearish. I’m ignoring the noise in between.
I check the answers at this time every night, without fail. Are you keeping watch?
The above is my personal market observation and does not constitute trading advice. DYOR.
$LSK #LSK #BTC #MarketAnomaly