Indicators here for LSKBTC are strongly leaning towards a trend reversal as seen here on the daily chart, considering:
1. DeMark sequential buy countdown has been fulfilled, and
2. MACD bullish divergence
Plus, what appears to be capitulation occurred on bar count 5 (after s13) with higher than average volume traded on that day. Length of divergence is 33 bars which is relatively healthy too.
A long position entry could be timed once MACD lines crossover as confirmation or a DeMark price flip happens considering a new DeMark buy setup is in progress.
Alternatively, a more risky entry at this point with only a few words of caution: Manage "lisk" accordingly ;)
1. DeMark sequential buy countdown has been fulfilled, and
2. MACD bullish divergence
Plus, what appears to be capitulation occurred on bar count 5 (after s13) with higher than average volume traded on that day. Length of divergence is 33 bars which is relatively healthy too.
A long position entry could be timed once MACD lines crossover as confirmation or a DeMark price flip happens considering a new DeMark buy setup is in progress.
Alternatively, a more risky entry at this point with only a few words of caution: Manage "lisk" accordingly ;)
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.