Long
Lisk crunchy time! (LSK)
Hi there,
So Lisk's rebranding event is coming up today in roughly 6 hours (Doors open 7:30pm CET, 6:30pm GMT with livestream an hour later).
The chart is looking rather tasty. We've just crossed upwards from the undersold territory and a breakout either way seems imminent. As it's the rebranding event later, I would suggest it will break to the upside.
Definitely one to keep an eye on over the next hour or so. As always, I will be waiting for confirmation of the breakout before opening a trade.
This is not investment advice.
Thanks,
Smyelar
So Lisk's rebranding event is coming up today in roughly 6 hours (Doors open 7:30pm CET, 6:30pm GMT with livestream an hour later).
The chart is looking rather tasty. We've just crossed upwards from the undersold territory and a breakout either way seems imminent. As it's the rebranding event later, I would suggest it will break to the upside.
Definitely one to keep an eye on over the next hour or so. As always, I will be waiting for confirmation of the breakout before opening a trade.
This is not investment advice.
Thanks,
Smyelar
Note
Also look to significantly increased volume during the breakout. Otherwise it could signal a fakeout.
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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.
Disclaimer
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.