All bearish trendlines broken, the market follows new, (a) very strong trenline(s) and a (bullish) Cup and handle pattern is forming since december 18th (1 month). The Lisk market also respects major FIB levels which makes the price more predictable. RISK/REWARD RATIO: 7.6
Very little risk, great potential. No further explanation needed.
Lookin' to go LONG if it should break through and consolidate above the two blue bearish trendlines on a daily basis. After the breakout, consider that a pull back of long green candles back to the major FIB levels is very likely to happen. PS: You could also think about shorting above 0.0119 with a stop loss at 0.0122