Lisk correction finished, wave 5 to test ATH?

4 hr 0.64% chart RSI is reversing and if the wave patterns are interpreted correctly we should see a wave 5 around this time. 5 minute pattern at the time of writing shows a flag, so although 0.0016 was rejected it seems likely to retest it. I like to use short timeframes to gauge local price action. If .0016 is broken next target is in the green box shown from 0.00174-0.0018

T1 0.00160
T2 0.00174
T3 0.00180

Commentaire:

Bear flag forming, watch closely and plan an exit if it becomes necessary

Transaction en cours:

Today's price action in my opinion is a display of the price manipulation that occurs in crypto. Never have I seen so many bullish indications whilst testing the same level 4-5 times and even breaking it once, yet still the price doesn't sustain a move beyond it.

Commentaire:

4 hr closed above 0.0015, finally might be good to go.

Commentaire:

Target 1 hit
Target 2 hit

Trade fermée: cible de profit atteinte:

Closed trade a while ago, had to go out so I set a stop loss and the sharp drop a few hours ago took it out. Closed in profit. Haven't re-entered and not going to.

Commentaire:

If you missed the original opportunity current price action says you can enter now if you wish.