Following the 3 month long down-trend in the Altcoin markets that began in mid-September, LSK was one of the first Altcoins to bounce back towards previous all time high levels.
After spending two weeks in a 'Bullish Pennant' / Consolidation Pattern, Lisk broke-out to the upside today to once again challenge its long-term resistance trend line around all time high levels vs. BTC.
My general thoughts on LISK are that it is currently a solid mid-cap project that has positioned itself very well in terms of becoming a longstanding fixture in the top 20.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.