LSKBTC
LISK - SURGES / SHORT-TERM DECREASE AHEAD? Lisk has recently seen a price surge since it's market has been receiving a lot of good news and it also being listed on a Korean exchange. The price has broken it's all-time high so it could be considered a risky price to be investing in as you should not be buying the high unless you are in the currency for the long-term.
All hopes for Lisk, been holding since it was very cheap.
Lisk Looking To Spread Its Wings After Two Month Falling WedgeLisk looks nice at the moment. It has recently broken out of a two month falling wedge. It seems to now me developing inside a pitchfork. RSI is very strong, Chikou span has crossed, and the volume is increasing. The Stoch suggests that a drop is possible before further upside, so we could get close to Support 1 before further upwards movement.
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[LSKBTC] Trading IdeaSo we just saw a very good and clear ascending triangle breakout at 0.001 level and the sell target was around 0.0011, we sold most at 0.00109 since it shows signal of failure.
As you can observe there's a very strong resistance at the .00106 level, the breakout that is happening now might be fake since there's not much juice over for this bull run, of course, there are always the pumps, but that's luck, not trading. the safest would be to get out and wait.
I would wait for the people taking profits that would take us back to the .001-.00095 level that would be a better moment to buy waiting for this new and bigger ascending triangle forming.
Lisk is a solid coin and holding is always in your favor. A consolidation could happen at the 0.00107 level and that would be great.
Remember this is an ascending triangle breakout so only buy above the highest of the first candle that open and clsoes COMPLETELY ABOVE the .00107 resistance.
Sell target would be close to .00156
$LSK Elliott SequenceElliott Waves playing out very nicely with this coin. Gearing up for the 5th and final wave!