Lisk Reached the Resistance, What's Next?

2017년 11월 16일

After breaking the triangle pattern and then rejecting it Lisk went up sharply, from $5 all the way up untill the $10, making over 100% growth agains the USD. Indeed a great performance by Lisk, but when, if and where it should stop?

LSK/USD has already reached the upside target based on the triangle breakout pattern, although it failed to close above that target at $10.6. It has produced a spike on the 4-hour chart reaching $10.9. In order for LIks to continue moving up this high must be broken, by the 4h candle closing above it, preferably even a daily candle. If that happens, an explosive growth could take place pushing Lisk a lot higher.

However, while the resistance is holding there is a risk of a downside correction towards $7.6 support level at 127.2% Fibonacci retracement level. Perhaps at this point, it is better to stay neutral and wait for a confirmed break above the $10.9.

2017년 11월 16일

노트

Looks like it will go towards $25, buying on correction could work out good

2017년 11월 16일

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Next upside target is $30

2017년 11월 16일

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cryptopost.com/lisk-could-be-ready-to-explore-the-moon/

2017년 11월 16일

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2017년 11월 23일

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Lisk at the support

2017년 11월 29일

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still correcting down, don't see any signals to buy yet

2017년 12월 6일

노트

List continues trading below resistance, waiting for a break above