Lisk Trend Reversal Might be Close

BITTREX:LSKUSD   Lisk / US Dollar (calculated by TradingView)
Currently Lisk is trading at $8.2 after it has declined from the $40 all-time high. The total loss to the USD was 80%, which is an average correction after the rally within cryptocurrency market. 

LSK/USD is now facing strong support at 88.6% Fibonacci retracement . At the same time RSI is forming a bullish divergence , that might be the first sign of a trend reversal, or at the very least a correctional move up.

The could be a great long term buying opportunity, but only if a daily close will remain above the $8.18 support. Break and close below it could extend the consolidation and send price slightly lower before the beginning of the uptrend.
評論: Nice reversal by the Lisk
do you think is better to sell now and buy lower or is risky for the moment^?
Hi, does it depends on BTCUSD progress? Because LSKBTC chart looks quite different (no div, longterm FIB 0.618 broken). thx
HiTech eddiie42
@eddiie42, all cryptocurrency depend on btc
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