LSK/BTC looks good to me right now despite the bearishness of BTC, which usually takes altcoins down with it.
On a fairly big time frame of 6H, LSK looks to be in an ascending triangle and ready to test resistance with Stoch RSI curving upwards across several time frames.
If it doesn't break out of the triangle - either due to endogenous reasons or due to the BTC bear - it has several supports at this level which will allow it to bounce and re-test the top of the triangle.
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I'm a beginner to charting and TA. I will add more indicators as I learn them to a satisfactory level and deem appropriate for the chart. Feedback always welcome.
On a fairly big time frame of 6H, LSK looks to be in an ascending triangle and ready to test resistance with Stoch RSI curving upwards across several time frames.
If it doesn't break out of the triangle - either due to endogenous reasons or due to the BTC bear - it has several supports at this level which will allow it to bounce and re-test the top of the triangle.
***
I'm a beginner to charting and TA. I will add more indicators as I learn them to a satisfactory level and deem appropriate for the chart. Feedback always welcome.
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