Lisk has been breaking above all resistance levels showing that there is huge upside potential in the coming days. LSK/USD rejected the 200 Moving Average on the daily chart and has managed to break above the $10 strong resistance which is also a psychological round number.
It seems that Lisk is ready to launch and could be exploring the moon, while the upside targets are quite high. The nearest target is around $25, while a much stronger resistance is at $30, which is also a psychological round number and does correspond with two Fibonacci retracement levels applied to different corrective waves.
First, it is 527.2% Fibs at $29.2 and second is 827.2% Fibs, which is right at the same level - $29.2. This does make this price a strong resistance and could be the upside target. However, if broken the highest target for this wave could be as high as $40, which is near $727.2% Fibs.
It seems that Lisk is ready to launch and could be exploring the moon, while the upside targets are quite high. The nearest target is around $25, while a much stronger resistance is at $30, which is also a psychological round number and does correspond with two Fibonacci retracement levels applied to different corrective waves.
First, it is 527.2% Fibs at $29.2 and second is 827.2% Fibs, which is right at the same level - $29.2. This does make this price a strong resistance and could be the upside target. However, if broken the highest target for this wave could be as high as $40, which is near $727.2% Fibs.
Commentaire:
If $9 support is broken could correct down
Commentaire:
this shows that lisk could be gong down ...
Commentaire:
so the downside risk is there, but the upside potential remains
Commentaire:
Break above 11.5 is needed
Commentaire:
So far looks good, most likely will continue moving up
Commentaire:
slowly, slowly but Liks is getting ready
Commentaire:
Lisk is my top choice now
Commentaire:
left just small portion of lisk, and switched my top choice to civic
Transaction en cours
Trade fermée: cible de profit atteinte:
Although target is reached it could go higher, up to you whether to hold or not
Commentaire:
uptrend continues
Trade fermée: cible de profit atteinte:
Final target reached
Commentaire:
Lisk has landed on the Moon, will it go to Mars? Here is my view
