Of course there's a strong chance that BTC volatility will play havoc with this prediction. But Tru printed a very clear, textbook 5 waves up before rejection at ~60c, at almost exactly 1x waves 0 - 3, measured from wave 4 low. I did think there was a chance to print an extended wave 5 (1.618 x waves 0 -3) but TRU went into correction, as many alts also completed...
So this is just a continuation of the previous idea, and the charts I've been posting in the comments underneath. The first idea got invalidated when BTC began a long impulse cycle down to 7.2k. And, as we have seen in the past, particularly in this zone, Lisk has been prone to some pretty brutal sell offs. From a Fundamentals standpoint, this does not make much...
Lisk got battered after re-branding event. It's is typical trader activity... sell the news. Lisk has been difficult to chart for months, notwithstanding the recent parabolic move up preceding the re-branding event, and subsequent sell off; but it was around this time last year that clear impulsive moves occurred, and Lisk 'changed category' so to speak. Now, it...