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.
Komentarz
⋅
If $9 support is broken could correct down
Komentarz
⋅
this shows that lisk could be gong down ...
Komentarz
⋅
so the downside risk is there, but the upside potential remains
Komentarz
⋅
Break above 11.5 is needed
Komentarz
⋅
So far looks good, most likely will continue moving up
Komentarz
⋅
slowly, slowly but Liks is getting ready
Komentarz
⋅
Lisk is my top choice now
Komentarz
⋅
left just small portion of lisk, and switched my top choice to civic
Zlecenie aktywne
⋅
Transakcja zamknięta: osiągnięto wyznaczony cel
⋅
Although target is reached it could go higher, up to you whether to hold or not
Komentarz
⋅
uptrend continues
Transakcja zamknięta: osiągnięto wyznaczony cel
⋅
Final target reached
Komentarz
⋅
Lisk has landed on the Moon, will it go to Mars? Here is my view
Late February is when this coin will really launch. Got to get bags now.
CryptoPAMM
⋅
@JonnieGopher, late Feb is when the correction down should start
JonnieGopher
⋅
@hitech, I'm confused. February 20 is their huge relaunch party with "Apple" level presentations, according to the Lisk team. At any rate, I love this coin and will add more on dips. Thanks for your TA's, per usual!