LSKBTC Bullish Gartley nice tie in with Butterfly on LSKUSD

27 Feb 2018

2 patterns providing a good case for LSK moving higher. Check out the LSKUSD video for more information on the Butterfly pattern which I refrence in this video.

28 Feb 2018

Nota

LSK is getting close to 78.6 (D of Gartley). I have my order in already and will take the trade. Is also possible if you want to be more conservative to wait for a bounce, wait for price to form a higher low and then get in with stop under the low.

I'll update more once trade is on.

1 Mac 2018

Nota

LSK bouncing nicely today, heading up to Monthly & Weekly central pivots. Once price gets there if you want to be conservative, move stop to break even.

Will update more as we go. But so far looking good!

5 Mac 2018

Nota

LSK price has gone through the 78.6% as i suggested in the vidoe it could do that. You will see in the new chart below that the blue line at B (representing how much price went throught 61.8) is roughly the same as at D (how much price went through 78.6).

Arrows point out missed weekly (this week) weekly (last week) monthly (march) & weekly (2 weeks ago) all above price which to me suggests being oversold.



Lets see how things go this week.

7 Mac 2018

Nota

LSK on (daily chart) is sitting right on 200MA and 88.6%, LSKUSD (daily) is also sitting on 200MA. This is crucial time for LSK and whether these patterns are going to work as expected.

Signs seem to suggest its likely but lets wait and see.