AusJeff

LSK TA Trend Line, Fib Zone / Time.

Short
POLONIEX:LSKBTC   Lisk / Bitcoin
First TA ever, Based on RSI at todays peak I set a Buy order for 0.0014299 expecting it to drop slightly and continue upwards and shortly after my buy was hit and I entered this Trade hoping it'll continue its up trend and give a 2% gain but based on the fact all small up trends had an average correction of 2.6% I was expecting it to further drop because RSI in 1/3/5min suggested it was oversold.

It did drop, I continued to lower my average cost by purchasing more as It dropped, I ended up with an average cost of 0.0013892, My target sell is 0.0014259 which is lower then my first buy in.

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