Adam-Eve double bottom formation in LSKBTC

Updated

Pretty clear Adam-Eve formation, quick price drop with low volume first in 28 days followed by a faster price surge with higher volume in just 11 days and finally a slower drop in 50 days. At the moment LSK is sitting at the bottom with a significantly higher volume which indicates that this coin has entered the accumulation phase. Target of this formation is around 80K satoshi, mid term low risk trade in my opinion.

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tradingview.com/chart/paDJpsJz/

As it can be seen we have also got a local double bottom, short term resistances in this chart, will be updating as we go through with further resistance points.

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Crypto28

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