Long
ANOTHER Lisk bullish Cypher on the Daily

If you were waiting for an "optimal entry" and were dumb enough to miss the last round; amazingly we're getting a second look. I would expect to see a push lower, (hopefully) to the $15 range but with indies bottomed and embedded it could get crazy with a panic spike low. It's worth noting that SCMR is still printing red trend candles. Typically stops would be placed somewhere south of X, or under the $12 zone. See previous published chart for more detail on the Cypher advanced pattern. Cheers!
TLDR:
Traditional targets :
Target 1 : 0.382 retracement of CD leg
Target 2 : 0.618 retracement of CD leg
TLDR:
Traditional targets :
Target 1 : 0.382 retracement of CD leg
Target 2 : 0.618 retracement of CD leg
Note
PANIC SPIKES AFTER ALL!! :D The push wasn't sustained and we pulled back just in time for the Binance API hijack FUD to tank the markets down the line. I'll be adding more as we go lower.Related publications
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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.
Related publications
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.