The price is going to bounce from the support level . RSI confirms price reversal. MACD histogram supports upward movement. DMI allows opening long trades. It's buy opportunity. Pending orders should be placed at 0.00086500 level with stop orders at 0.00065000 level. Profit targets are 0.00012000 and 0.00018000 resistance levels.
The market can form a new swing high which will be used for placing new buy orders. The market still has potential for upward movement and reaching 0.00120000 and 0.00180000 levels.
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i think everyone wants to know to what level BTC must drop before we see an uptrend in LSK again. At least, that's me paraphrasing all the panicky comments in this section. Dmitry, maybe you can share your thoughts to calm people down? :-)
This is all due to crazy btc surge. Once btc drops a bit and settles in, lisk will go up. Don't do a panic sale, keep it a bit. I know most of us pretty much bought lsk with entire btc deposit and we're kinda locked down or accept a giant loss. I'm keeping mine and waiting for a rebounce. P.S. all alt coins went haywire cause of btc