Lisk | LSK bearish chart pointing towards $1.5
Lisk / TetherUS BINANCE:LSKUSDT
With the overall market conditions weighing towards the bearish side, I can see LSK dipping into the top of its main accumulation zone of $1.65 – $1.35 from late 2020 and early 2021.
LSK got recently rejected at a trend line , that acted as resistance before. In addition to this, the price couldn’t stabilize around the MA200 and even fell below the MA50. That’s why I’m overall bearish .
Let’s see how this plays out.
Thanks for your support.
Have a good one.
